FinnCap Lowers Horizonte Minerals Plc (HZM) Price Target to GBX 12
Horizonte Minerals Plc (LON:HZM) had its price target reduced by stock analysts at FinnCap from GBX 15 ($0.20) to GBX 12 ($0.16) in a research report issued to clients and investors on Monday. The firm presently has a “corporate” rating on the stock. FinnCap’s price objective points to a potential upside of 478.31% from the stock’s current price.
Horizonte Minerals Plc (LON:HZM) opened at 2.00 on Monday. The stock has a 50 day moving average of GBX 2.15 and a 200 day moving average of GBX 2.14. The firm’s market cap is GBX 13.42 million. Horizonte Minerals Plc has a one year low of GBX 1.40 and a one year high of GBX 3.00.
Horizonte Minerals Plc Company Profile
Horizonte Minerals PLC is a United Kingdom-based nickel development company. The Company owns the advanced Araguaia nickel laterite project located to the south of the Carajas mineral district of northern Brazil. The Araguaia project area consists of approximately 20 exploration licenses totaling approximately 110,170 hectares.
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