Horizonte Minerals (OTCMKTS:HZMMF) Shares Down 7.3%

Horizonte Minerals Plc (OTCMKTS:HZMMFGet Rating)’s share price traded down 7.3% during mid-day trading on Thursday . The company traded as low as $1.66 and last traded at $1.66. 1,679 shares traded hands during trading, a decline of 95% from the average session volume of 33,065 shares. The stock had previously closed at $1.79.

The business’s 50-day simple moving average is $1.91 and its 200-day simple moving average is $1.73.

Horizonte Minerals Company Profile (OTCMKTS:HZMMF)

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 project and Serra do Tapa nickel project located in the State of Para; and the Vermelho Nickel-Cobalt project in the eastern part of the Carajás mining district.

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