Horizonte Minerals Plc (TSE:HZM) rose 14.3% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08, approximately 21,000 shares changed hands during trading. A decline of 86% from the average daily volume of 149,305 shares. The stock had previously closed at C$0.07.
The firm has a market capitalization of $65.09 million and a PE ratio of -40.00. The firm has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.04.
About Horizonte Minerals (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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