Horizonte Minerals Plc (TSE:HZM) Director Acquires C$13,960.00 in Stock

Horizonte Minerals Plc (TSE:HZMGet Rating) Director Owen Alexander Bavinton purchased 10,000 shares of the business’s stock in a transaction dated Tuesday, December 20th. The shares were bought at an average price of C$1.40 per share, with a total value of C$13,960.00. Following the purchase, the director now directly owns 10,000 shares of the company’s stock, valued at C$13,960.

Horizonte Minerals Price Performance

Horizonte Minerals stock opened at C$2.19 on Tuesday. The business has a 50 day simple moving average of C$2.16 and a 200-day simple moving average of C$1.77. The stock has a market capitalization of C$587.83 million and a PE ratio of 0.18. The company has a debt-to-equity ratio of 73.38, a current ratio of 4.61 and a quick ratio of 4.35. Horizonte Minerals Plc has a 12 month low of C$1.29 and a 12 month high of C$3.00.

About Horizonte Minerals

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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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