Horizonte Minerals (LON:HZM) Receives Buy Rating from Numis Securities

Horizonte Minerals (LON:HZM)‘s stock had its “buy” rating restated by research analysts at Numis Securities in a research report issued on Friday, September 20th, ThisIsMoney.Co.Uk reports.

Separately, Shore Capital reissued a “not rated” rating on shares of Horizonte Minerals in a research report on Monday, July 8th.

Shares of LON:HZM opened at GBX 4.60 ($0.06) on Friday. The firm has a market capitalization of $66.53 million and a price-to-earnings ratio of -46.00. The stock’s 50 day moving average is GBX 3.64 and its 200-day moving average is GBX 2.46. Horizonte Minerals has a twelve month low of GBX 1.66 ($0.02) and a twelve month high of GBX 6.98 ($0.09).

About Horizonte Minerals

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.

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