Horizonte Minerals (LON:HZM) Share Price Passes Above 200-Day Moving Average of $7.45

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Horizonte Minerals Plc (LON:HZM) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 7.45 ($0.10) and traded as high as GBX 8.10 ($0.11). Horizonte Minerals shares last traded at GBX 7.90 ($0.10), with a volume of 4,752,684 shares traded.

The business’s fifty day simple moving average is GBX 7.51 and its 200 day simple moving average is GBX 7.45. The company has a current ratio of 20.50, a quick ratio of 17.72 and a debt-to-equity ratio of 103.00. The stock has a market cap of £127.36 million and a price-to-earnings ratio of -39.50.

Horizonte Minerals Company Profile (LON:HZM)

Horizonte Minerals Plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects. It holds 100% interests in the Araguaia nickel project; and the Vermelho nickel-cobalt project located in the south of the Carajás mineral district in northern Brazil.

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