HRZ horizon minerals limited

Chart, page-131

  1. 120 Posts.
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    I think its a very positive and encouraging development, that the average daily traded volume is picking up. Just to put it into perspective. During October 2024, the average daily volume was 3.2 million shares, both in February and March this year its above 11 million shares a day. To attract more institutional investors, the company needs to have not only a certain level of market cap, but also a a good liquidity. If the liquidity improves even further and the fundamentals of the company will be attractive, the share price will move in the right direction. This is still a microcap company, so a very good opportunity for brave retail investors to front run many funds, since they are not yet in it. In any case, the key is a proper execution of the plan by the management. The company might look completely different by the end of 2026. In that case, the market cap will be also a multiple of the current valuation.
 
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(20min delay)
Last
5.1¢
Change
0.000(0.00%)
Mkt cap ! $125.7M
Open High Low Value Volume
5.1¢ 5.3¢ 5.0¢ $349.7K 6.760M

Buyers (Bids)

No. Vol. Price($)
6 1585559 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 1089476 5
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
HRZ (ASX) Chart
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