Today’s Rating Change: FinnCap Analyst Reaffirmed GBX 8.00 Price Target on Horizonte Minerals (LON:HZM) stock, While Reiterating “Corporate” Rating

November 30, 2016 - By Marie Mckinney

Horizonte Minerals (LON:HZM) Rating

FinnCap currently has a GBX 8.00 target price per share on the 17.70 million GBP market cap company or 237.55% upside potential. In a research report released on Wednesday, 30 November, Horizonte Minerals (LON:HZM) stock had its “Corporate” Rating kept by analysts at FinnCap.

Horizonte Minerals Plc (LON:HZM) Ratings Coverage

Out of 2 analysts covering Horizonte Minerals PLC (LON:HZM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 44 is the highest target while GBX 8 is the lowest. The GBX 8 average target is 240.43% above today’s (GBX 2.35) stock price. Horizonte Minerals PLC has been the topic of 19 analyst reports since August 14, 2015 according to StockzIntelligence Inc. FinnCap maintained Horizonte Minerals Plc (LON:HZM) on Tuesday, December 1 with “Corporate” rating. The rating was maintained by FinnCap on Monday, March 21 with “Corporate”. As per Tuesday, September 15, the company rating was maintained by Beaufort Securities. The stock of Horizonte Minerals Plc (LON:HZM) earned “Corporate” rating by FinnCap on Wednesday, June 8. The rating was maintained by FinnCap on Monday, September 28 with “Corporate”. The firm has “Speculative Buy” rating given on Monday, August 17 by Beaufort Securities. The stock has “Corporate” rating given by FinnCap on Monday, October 3. FinnCap maintained Horizonte Minerals Plc (LON:HZM) rating on Tuesday, July 26. FinnCap has “Corporate” rating and GBX 15 price target. The firm has “Corporate” rating given on Tuesday, November 1 by FinnCap. The firm earned “Corporate” rating on Wednesday, June 15 by FinnCap.

About 137,836 shares traded hands. Horizonte Minerals Plc (LON:HZM) has risen 1.05% since April 29, 2016 and is uptrending. It has underperformed by 4.17% the S&P500.

Horizonte Minerals PLC is a United Kingdom nickel development company. The company has a market cap of 17.70 million GBP. The Firm owns the advanced Araguaia nickel laterite project located to the south of the Carajas mineral district of northern Brazil. It currently has negative earnings. The Araguaia project area consists of approximately 20 exploration licenses totaling approximately 110,170 hectares.

More news for Horizonte Minerals Plc (LON:HZM) were recently published by: Juniorminingnetwork.com, which released: “Horizonte Minerals Plc: Result of General Meeting and Total Voting Rights …” on November 29, 2016. Juniorminingnetwork.com‘s article titled: “Horizonte Minerals Plc: Proposed Placing of Ordinary Shares to Raise £9.0 …” and published on November 01, 2016 is yet another important article.

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