Horizonte Minerals Plc (TSE:HZM) hit a new 52-week low on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 18000 shares. The stock had previously closed at C$0.04.

The company has a market capitalization of $50.62 million and a price-to-earnings ratio of -17.50.

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Horizonte Minerals Company Profile (TSE:HZM)

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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