Horizonte Minerals (LON:HZM) Rating Reiterated by Shore Capital
Shore Capital reaffirmed their not rated rating on shares of Horizonte Minerals (LON:HZM) in a report issued on Monday morning, Digital Look reports.
Separately, Numis Securities reissued a buy rating and set a GBX 680 ($8.89) target price on shares of in a research note on Tuesday, June 4th.
LON:HZM opened at GBX 2.40 ($0.03) on Monday. The stock has a fifty day simple moving average of GBX 1.85. Horizonte Minerals has a 52 week low of GBX 1.66 ($0.02) and a 52 week high of GBX 4.37 ($0.06). The firm has a market capitalization of $34.64 million and a P/E ratio of -23.95.
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.
Featured Story: How is the S&P 500 index different from the DJIA?
Receive News & Ratings for Horizonte Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horizonte Minerals and related companies with MarketBeat.com's FREE daily email newsletter.