Horizon (ASX:HRZ) traded down 5.3% during mid-day trading on Wednesday . The stock traded as low as A$0.09 ($0.06) and last traded at A$0.09 ($0.06), 132,411 shares changed hands during mid-day trading. The stock had previously closed at A$0.10 ($0.07).
The firm’s 50-day moving average is A$0.12. The firm has a market capitalization of $37.66 million and a P/E ratio of -6.77.
Horizon Company Profile (ASX:HRZ)
Horizon Minerals Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, nickel, copper, vanadium, and molybdenum deposits. It operates 100% owned gold projects in the Kalgoorlie region and has joint ventures at the Menzies and Goongarrie gold projects, the Nanadie Well copper-nickel project, and the Richmond vanadium project located in Queensland.
Further Reading: Percentage Decliners
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