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Horizon Minerals Ltd ( (AU:HRZ) ) just unveiled an announcement.
Horizon Minerals Ltd has reported its quarterly cash flow, indicating a net decrease in cash from operating activities, driven by exploration, evaluation, and production expenses. Despite this, the company has raised $14 million through equity securities issuance, which has resulted in a net positive cash flow from financing activities and a stabilization of its cash position.
More about Horizon Minerals Ltd
Horizon Minerals Ltd is a company operating in the mining exploration industry, focusing on gold and potentially other mineral resources. The company is engaged in exploration and evaluation activities to develop its mineral assets, seeking to enhance its market position and value.
YTD Price Performance: 0%
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €43.31M
Learn more about HRZ stock on TipRanks’ Stock Analysis page.
