Horizonte Minerals (LON:HZM) Sets New 12-Month Low at $1.27

Shares of Horizonte Minerals Plc (LON:HZM) hit a new 52-week low on Thursday . The stock traded as low as GBX 1.27 ($0.02) and last traded at GBX 1.48 ($0.02), with a volume of 14494776 shares traded. The stock had previously closed at GBX 3.75 ($0.05).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated an “under review” rating on shares of Horizonte Minerals in a research note on Tuesday, February 20th.

Horizonte Minerals Trading Down 60.7 %

The company has a 50 day simple moving average of GBX 6.43 and a 200 day simple moving average of GBX 23.52. The company has a debt-to-equity ratio of 93.63, a quick ratio of 4.35 and a current ratio of 6.62. The company has a market capitalization of £3.98 million, a PE ratio of -49.17 and a beta of 1.53.

Horizonte Minerals Company Profile

Horizonte Minerals Plc, together with its subsidiaries, engages in the exploration and development of mineral projects in Brazil. The company primarily explores for nickel deposits, as well as cobalt deposits. It holds 100% interest in the Araguaia ferronickel; and the Vermelho Nickel-Cobalt project in the eastern part of the Carajás mining district.