Horizonte Minerals Plc (LON:HZM)‘s stock had its “corporate” rating reiterated by stock analysts at FinnCap in a report released on Wednesday. They currently have a GBX 8 ($0.10) price target on the stock, down from their prior price target of GBX 12 ($0.15). FinnCap’s target price suggests a potential upside of 233.33% from the company’s current price.

Shares of Horizonte Minerals Plc (LON:HZM) traded down 2.08% during midday trading on Wednesday, reaching GBX 2.35. The company had a trading volume of 137,836 shares. The firm’s market cap is GBX 16.97 million. Horizonte Minerals Plc has a 52-week low of GBX 1.40 and a 52-week high of GBX 3.00. The company’s 50-day moving average is GBX 2.17 and its 200-day moving average is GBX 2.16.

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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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