Horizonte Minerals Plc (LON:HZM)‘s stock had its “corporate” rating reaffirmed by investment analysts at FinnCap in a research report issued to clients and investors on Friday. They currently have a GBX 8 ($0.10) target price on the stock. FinnCap’s price target would suggest a potential upside of 213.73% from the stock’s previous close.

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Horizonte Minerals Plc in a research note on Wednesday, May 31st.

Shares of Horizonte Minerals Plc (LON HZM) opened at 2.55 on Friday. The company’s market capitalization is GBX 29.88 million. Horizonte Minerals Plc has a one year low of GBX 1.85 and a one year high of GBX 3.55. The company’s 50 day moving average is GBX 2.45 and its 200 day moving average is GBX 2.63.

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About Horizonte Minerals Plc

Horizonte Minerals PLC is a United Kingdom-based nickel development company. The Company owns the advanced Araguaia nickel laterite project located to the south of the Carajas mineral district of northern Brazil. The Araguaia project area consists of approximately 20 exploration licenses totaling approximately 110,170 hectares.

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