Shore Capital reissued their not rated rating on shares of Horizonte Minerals (LON:HZM) in a report issued on Thursday morning, Digital Look reports.

LON:HZM opened at GBX 1.81 ($0.02) on Thursday. The stock has a market cap of $26.12 million and a price-to-earnings ratio of -18.06. Horizonte Minerals has a 52 week low of GBX 1.74 ($0.02) and a 52 week high of GBX 4.79 ($0.06).

About Horizonte Minerals

Horizonte Minerals Plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of nickel mineral projects in Brazil. The company owns interest in the Araguaia nickel project, a nickel laterite project located to the south of the Carajàs mineral district in northern Brazil; and the Vermelho nickel-cobalt project located in the Carajás mineral district of northern Brazil.

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