I'm posting this extract for any opinions on whether HRZ can follow suit. The phrase which grabbed my attention? 'Non-dilutive' capital raising;Our micro cap Investment Heavy Minerals (ASX: HVY) is up ~500% from its low point over the last 12 months…
And looks like it wants to keep going.
HVY has gone from a share price low of less than 5.5c to now trade at ~24.5c per share.
(our Initial Entry price is 10c)
AND HVY is still only capped at $16M.
We think the HVY share price is now reaping the rewards of management putting in the hard yards last year by raising ~$2M via a non-dilutive royalty sale agreement.
(Instead of the usual “quick cash injection band-aid” of a heavily discounted equity raise with free oppies that weigh on share prices for months, like most small resources companies do) [my bolding]
And the HVY share price run is indicating that the market now believes that HVY can further progress their project using this non-dilutive funding method.
db
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HRZ
horizon minerals limited
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I'm posting this extract for any opinions on whether HRZ can...
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Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.6M |
Open | High | Low | Value | Volume |
5.0¢ | 5.1¢ | 4.8¢ | $250.8K | 5.072M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 637509 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 1357745 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 535469 | 0.049 |
8 | 1549919 | 0.048 |
5 | 1917233 | 0.047 |
7 | 976731 | 0.046 |
9 | 708853 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 1217610 | 6 |
0.052 | 1646805 | 11 |
0.053 | 989126 | 7 |
0.054 | 71756 | 2 |
0.055 | 888986 | 7 |
Last trade - 12.58pm 08/08/2025 (20 minute delay) ? |
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HRZ (ASX) Chart |