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HRZ (Horizon Minerals Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Horizon Minerals Ltd together

I guess you are interested in Horizon Minerals Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Horizon Minerals Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – Horizon Minerals Ltd’s Price Targets

I'm going to help you getting a better view of Horizon Minerals Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Horizon Minerals Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Horizon Minerals Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
20.0%

What is your share worth?

Current worth
A$0.02
Expected worth in 1 year
A$0.04
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
A$0.02
Return On Investment
33.0%

For what price can you sell your share?

Current Price per Share
A$0.05
Expected price per share
A$0.044 - A$0.07
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Horizon Minerals Ltd (5 min.)




Live pricePrice per Share (EOD)
A$0.05
Intrinsic Value Per Share
A$-0.04 - A$-0.01
Total Value Per Share
A$-0.02 - A$0.01

2.2. Growth of Horizon Minerals Ltd (5 min.)




Is Horizon Minerals Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$29.8m$22.7m$7m23.7%

How much money is Horizon Minerals Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$2.2m-$651.6k-$1.5m-70.8%
Net Profit Margin-52.3%-1,233.5%--

How much money comes from the company's main activities?

2.3. Financial Health of Horizon Minerals Ltd (5 min.)




2.4. Comparing to competitors in the Gold industry (5 min.)




  Industry Rankings (Gold)  


Richest
#139 / 417

Most Revenue
#98 / 417

Most Profit
#334 / 417

Most Efficient
#356 / 417
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Horizon Minerals Ltd?

Welcome investor! Horizon Minerals Ltd's management wants to use your money to grow the business. In return you get a share of Horizon Minerals Ltd.

First you should know what it really means to hold a share of Horizon Minerals Ltd. And how you can make/lose money.

Speculation

The Price per Share of Horizon Minerals Ltd is A$0.054. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Horizon Minerals Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Horizon Minerals Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.02. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Horizon Minerals Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-1.7%0.00-1.7%0.00-0.5%0.00-5.2%0.00-2.8%0.00-1.6%
Usd Book Value Change Per Share0.005.3%0.005.3%0.00-2.3%0.00-2.9%0.000.3%0.001.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.5%0.000.2%
Usd Total Gains Per Share0.005.3%0.005.3%0.00-2.3%0.00-2.9%0.000.8%0.001.8%
Usd Price Per Share0.02-0.02-0.03-0.03-0.05-0.06-
Price to Earnings Ratio-24.97--24.97--97.69--42.85-50.97--50.06-
Price-to-Total Gains Ratio7.86-7.86--20.95--6.65-6.57--32.27-
Price to Book Ratio1.87-1.87-2.80-2.93-3.87-8.17-
Price-to-Total Gains Ratio7.86-7.86--20.95--6.65-6.57--32.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0348408
Number of shares28701
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (28701 shares)82.4812.55
Gains per Year (28701 shares)329.9050.21
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10330320311940
20660650613990
309909809258140
401320131012378190
501650164015497240
6019791970184117290
7023092300215136340
8026392630246156390
9029692960276175440
10032993290307195490

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%2.03.00.040.0%3.07.00.030.0%14.022.00.038.9%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%6.04.00.060.0%23.013.00.063.9%
Dividend per Share0.00.01.00.0%0.00.03.00.0%2.00.03.040.0%2.00.08.020.0%2.00.034.05.6%
Total Gains per Share1.00.00.0100.0%1.02.00.033.3%3.02.00.060.0%6.04.00.060.0%23.013.00.063.9%
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3.2. Key Performance Indicators

The key performance indicators of Horizon Minerals Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0040.0040%-0.002+143%-0.002+154%0.000+1592%0.001+250%
Book Value Per Share--0.0190.0190%0.014+31%0.016+14%0.0190%0.014+34%
Current Ratio--0.4590.4590%0.804-43%0.878-48%3.586-87%3.912-88%
Debt To Asset Ratio--0.2150.2150%0.211+2%0.188+14%0.152+41%0.128+68%
Debt To Equity Ratio--0.2740.2740%0.268+2%0.234+17%0.186+47%0.155+76%
Dividend Per Share----0%-0%-0%0.000-100%0.000-100%
Enterprise Value--77945376.24077945376.2400%94821478.560-18%112306696.029-31%183274431.394-57%218146516.461-64%
Eps---0.001-0.0010%0.000-71%-0.004+213%-0.002+68%-0.001-5%
Ev To Ebitda Ratio---45.985-45.9850%-390.212+749%-147.386+221%-30.030-35%-32.652-29%
Ev To Sales Ratio--11.79411.7940%1158.026-99%406.416-97%1105.493-99%2629.449-100%
Free Cash Flow Per Share---0.003-0.0030%-0.005+84%-0.004+38%-0.003+21%-0.002-26%
Free Cash Flow To Equity Per Share---0.003-0.0030%-0.001-74%-0.002-34%-0.001-67%-0.001-82%
Gross Profit Margin--1.8261.8260%1.000+83%1.275+43%1.049+74%1.024+78%
Intrinsic Value_10Y_max---0.010----------
Intrinsic Value_10Y_min---0.038----------
Intrinsic Value_1Y_max---0.002----------
Intrinsic Value_1Y_min---0.004----------
Intrinsic Value_3Y_max---0.005----------
Intrinsic Value_3Y_min---0.012----------
Intrinsic Value_5Y_max---0.007----------
Intrinsic Value_5Y_min---0.020----------
Market Cap133166163.456+35%86311402.24086311402.2400%98641602.560-13%116725896.363-26%184706400.794-53%218121243.661-60%
Net Profit Margin---0.523-0.5230%-12.335+2258%-7.099+1257%-0.896+71%-21.480+4007%
Operating Margin---0.267-0.2670%-4.489+1580%-4.383+1540%1.523-118%-20.960+7742%
Operating Ratio--0.5090.5090%118.752-100%40.113-99%32.629-98%23.861-98%
Pb Ratio2.878+35%1.8651.8650%2.795-33%2.930-36%3.870-52%8.169-77%
Pe Ratio-38.521-54%-24.967-24.9670%-97.693+291%-42.852+72%50.966-149%-50.055+100%
Price Per Share0.054+35%0.0350.0350%0.040-13%0.047-26%0.075-53%0.088-60%
Price To Free Cash Flow Ratio-18.797-54%-12.183-12.1830%-7.566-38%-12.537+3%-24.439+101%-49.375+305%
Price To Total Gains Ratio12.124+35%7.8587.8580%-20.950+367%-6.652+185%6.572+20%-32.273+511%
Quick Ratio--0.4590.4590%0.787-42%0.849-46%3.507-87%3.893-88%
Return On Assets---0.059-0.0590%-0.023-62%-0.228+289%-0.126+114%-0.083+42%
Return On Equity---0.075-0.0750%-0.029-62%-0.268+259%-0.149+99%-0.095+28%
Total Gains Per Share--0.0040.0040%-0.002+143%-0.002+154%0.001+557%0.001+201%
Usd Book Value--29856541.60829856541.6080%22770145.482+31%26144895.696+14%29944220.4160%22289767.048+34%
Usd Book Value Change Per Share--0.0030.0030%-0.001+143%-0.002+154%0.000+1592%0.001+250%
Usd Book Value Per Share--0.0120.0120%0.009+31%0.011+14%0.0120%0.009+34%
Usd Dividend Per Share----0%-0%-0%0.000-100%0.000-100%
Usd Enterprise Value--50290356.75050290356.7500%61178817.967-18%72460280.278-31%118248663.135-57%140748132.421-64%
Usd Eps---0.001-0.0010%0.000-71%-0.003+213%-0.002+68%-0.001-5%
Usd Free Cash Flow---4570782.618-4570782.6180%-8411371.104+84%-6316843.289+38%-5538913.734+21%-3391130.101-26%
Usd Free Cash Flow Per Share---0.002-0.0020%-0.003+84%-0.003+38%-0.002+21%-0.001-26%
Usd Free Cash Flow To Equity Per Share---0.002-0.0020%-0.001-74%-0.001-34%-0.001-67%0.000-82%
Usd Market Cap85918808.662+35%55688116.72555688116.7250%63643561.972-13%75311548.333-26%119172569.792-53%140731826.410-60%
Usd Price Per Share0.035+35%0.0230.0230%0.026-13%0.031-26%0.048-53%0.057-60%
Usd Profit---2230456.400-2230456.4000%-651652.000-71%-6988806.400+213%-3742869.204+68%-2073783.065-7%
Usd Revenue--4264126.8004264126.8000%52830.266+7971%2153222.089+98%3603627.947+18%4176848.918+2%
Usd Total Gains Per Share--0.0030.0030%-0.001+143%-0.002+154%0.000+557%0.001+201%
 EOD+6 -2MRQTTM+0 -0YOY+20 -183Y+24 -145Y+20 -2010Y+17 -23

3.3 Fundamental Score

Let's check the fundamental score of Horizon Minerals Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-38.521
Price to Book Ratio (EOD)Between0-12.878
Net Profit Margin (MRQ)Greater than0-0.523
Operating Margin (MRQ)Greater than0-0.267
Quick Ratio (MRQ)Greater than10.459
Current Ratio (MRQ)Greater than10.459
Debt to Asset Ratio (MRQ)Less than10.215
Debt to Equity Ratio (MRQ)Less than10.274
Return on Equity (MRQ)Greater than0.15-0.075
Return on Assets (MRQ)Greater than0.05-0.059
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Horizon Minerals Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.324
Ma 20Greater thanMa 500.049
Ma 50Greater thanMa 1000.054
Ma 100Greater thanMa 2000.057
OpenGreater thanClose0.050
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Horizon Minerals Ltd

Horizon Minerals Limited engages in the exploration and development of mineral properties in Australia. It primarily explores for gold, nickel, cobalt, silver, and zinc deposits. The company was formerly known as Intermin Resources Limited and changed its name to Horizon Minerals Limited in July 2019. Horizon Minerals Limited was incorporated in 1974 and is based in West Perth, Australia.

Fundamental data was last updated by Penke on 2025-06-18 06:01:45.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Horizon Minerals Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Horizon Minerals Ltd to the Gold industry mean.
  • A Net Profit Margin of -52.3% means that $-0.52 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Horizon Minerals Ltd:

  • The MRQ is -52.3%. The company is making a huge loss. -2
  • The TTM is -52.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-52.3%TTM-52.3%0.0%
TTM-52.3%YOY-1,233.5%+1,181.2%
TTM-52.3%5Y-89.6%+37.3%
5Y-89.6%10Y-2,148.0%+2,058.4%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-52.3%10.6%-62.9%
TTM-52.3%7.7%-60.0%
YOY-1,233.5%-8.5%-1,225.0%
3Y-709.9%-4.6%-705.3%
5Y-89.6%-4.6%-85.0%
10Y-2,148.0%-30.9%-2,117.1%
4.3.1.2. Return on Assets

Shows how efficient Horizon Minerals Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Horizon Minerals Ltd to the Gold industry mean.
  • -5.9% Return on Assets means that Horizon Minerals Ltd generated $-0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Horizon Minerals Ltd:

  • The MRQ is -5.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.9%TTM-5.9%0.0%
TTM-5.9%YOY-2.3%-3.6%
TTM-5.9%5Y-12.6%+6.7%
5Y-12.6%10Y-8.3%-4.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.9%-3.6%-2.3%
TTM-5.9%-3.3%-2.6%
YOY-2.3%-3.5%+1.2%
3Y-22.8%-4.8%-18.0%
5Y-12.6%-5.7%-6.9%
10Y-8.3%-7.5%-0.8%
4.3.1.3. Return on Equity

Shows how efficient Horizon Minerals Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Horizon Minerals Ltd to the Gold industry mean.
  • -7.5% Return on Equity means Horizon Minerals Ltd generated $-0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Horizon Minerals Ltd:

  • The MRQ is -7.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -7.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.5%TTM-7.5%0.0%
TTM-7.5%YOY-2.9%-4.6%
TTM-7.5%5Y-14.9%+7.4%
5Y-14.9%10Y-9.5%-5.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%-2.4%-5.1%
TTM-7.5%-2.8%-4.7%
YOY-2.9%-3.4%+0.5%
3Y-26.8%-4.5%-22.3%
5Y-14.9%-5.4%-9.5%
10Y-9.5%-7.6%-1.9%
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4.3.2. Operating Efficiency of Horizon Minerals Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Horizon Minerals Ltd is operating .

  • Measures how much profit Horizon Minerals Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Horizon Minerals Ltd to the Gold industry mean.
  • An Operating Margin of -26.7% means the company generated $-0.27  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Horizon Minerals Ltd:

  • The MRQ is -26.7%. The company is operating very inefficient. -2
  • The TTM is -26.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-26.7%TTM-26.7%0.0%
TTM-26.7%YOY-448.9%+422.2%
TTM-26.7%5Y152.3%-179.0%
5Y152.3%10Y-2,096.0%+2,248.2%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-26.7%-0.7%-26.0%
TTM-26.7%8.2%-34.9%
YOY-448.9%0.4%-449.3%
3Y-438.3%-3.7%-434.6%
5Y152.3%-5.9%+158.2%
10Y-2,096.0%-25.6%-2,070.4%
4.3.2.2. Operating Ratio

Measures how efficient Horizon Minerals Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 0.51 means that the operating costs are $0.51 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Horizon Minerals Ltd:

  • The MRQ is 0.509. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.509. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.509TTM0.5090.000
TTM0.509YOY118.752-118.242
TTM0.5095Y32.629-32.120
5Y32.62910Y23.861+8.768
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5091.154-0.645
TTM0.5091.146-0.637
YOY118.7521.270+117.482
3Y40.1131.352+38.761
5Y32.6291.367+31.262
10Y23.8611.498+22.363
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4.4.3. Liquidity of Horizon Minerals Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Horizon Minerals Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 0.46 means the company has $0.46 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Horizon Minerals Ltd:

  • The MRQ is 0.459. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.459. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.459TTM0.4590.000
TTM0.459YOY0.804-0.345
TTM0.4595Y3.586-3.127
5Y3.58610Y3.912-0.326
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4592.367-1.908
TTM0.4592.336-1.877
YOY0.8042.742-1.938
3Y0.8783.349-2.471
5Y3.5864.353-0.767
10Y3.9124.960-1.048
4.4.3.2. Quick Ratio

Measures if Horizon Minerals Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Horizon Minerals Ltd to the Gold industry mean.
  • A Quick Ratio of 0.46 means the company can pay off $0.46 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Horizon Minerals Ltd:

  • The MRQ is 0.459. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.459. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.459TTM0.4590.000
TTM0.459YOY0.787-0.327
TTM0.4595Y3.507-3.048
5Y3.50710Y3.893-0.386
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4590.520-0.061
TTM0.4590.734-0.275
YOY0.7871.270-0.483
3Y0.8491.583-0.734
5Y3.5072.282+1.225
10Y3.8932.911+0.982
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4.5.4. Solvency of Horizon Minerals Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Horizon Minerals Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Horizon Minerals Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.21 means that Horizon Minerals Ltd assets are financed with 21.5% credit (debt) and the remaining percentage (100% - 21.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Horizon Minerals Ltd:

  • The MRQ is 0.215. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.215. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.215TTM0.2150.000
TTM0.215YOY0.211+0.004
TTM0.2155Y0.152+0.063
5Y0.15210Y0.128+0.024
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2150.237-0.022
TTM0.2150.232-0.017
YOY0.2110.191+0.020
3Y0.1880.207-0.019
5Y0.1520.208-0.056
10Y0.1280.279-0.151
4.5.4.2. Debt to Equity Ratio

Measures if Horizon Minerals Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Horizon Minerals Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 27.4% means that company has $0.27 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Horizon Minerals Ltd:

  • The MRQ is 0.274. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.274. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.274TTM0.2740.000
TTM0.274YOY0.268+0.006
TTM0.2745Y0.186+0.088
5Y0.18610Y0.155+0.031
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2740.232+0.042
TTM0.2740.233+0.041
YOY0.2680.210+0.058
3Y0.2340.235-0.001
5Y0.1860.256-0.070
10Y0.1550.304-0.149
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Horizon Minerals Ltd generates.

  • Above 15 is considered overpriced but always compare Horizon Minerals Ltd to the Gold industry mean.
  • A PE ratio of -24.97 means the investor is paying $-24.97 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Horizon Minerals Ltd:

  • The EOD is -38.521. Based on the earnings, the company is expensive. -2
  • The MRQ is -24.967. Based on the earnings, the company is expensive. -2
  • The TTM is -24.967. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-38.521MRQ-24.967-13.554
MRQ-24.967TTM-24.9670.000
TTM-24.967YOY-97.693+72.726
TTM-24.9675Y50.966-75.934
5Y50.96610Y-50.055+101.021
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-38.521-3.526-34.995
MRQ-24.967-3.242-21.725
TTM-24.967-3.746-21.221
YOY-97.693-5.889-91.804
3Y-42.852-6.736-36.116
5Y50.966-9.295+60.261
10Y-50.055-10.385-39.670
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Horizon Minerals Ltd:

  • The EOD is -18.797. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -12.183. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -12.183. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-18.797MRQ-12.183-6.614
MRQ-12.183TTM-12.1830.000
TTM-12.183YOY-7.566-4.617
TTM-12.1835Y-24.439+12.255
5Y-24.43910Y-49.375+24.936
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-18.797-5.672-13.125
MRQ-12.183-4.802-7.381
TTM-12.183-4.914-7.269
YOY-7.566-6.675-0.891
3Y-12.537-7.160-5.377
5Y-24.439-10.811-13.628
10Y-49.375-13.898-35.477
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Horizon Minerals Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 1.87 means the investor is paying $1.87 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Horizon Minerals Ltd:

  • The EOD is 2.878. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.865. Based on the equity, the company is underpriced. +1
  • The TTM is 1.865. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.878MRQ1.865+1.013
MRQ1.865TTM1.8650.000
TTM1.865YOY2.795-0.930
TTM1.8655Y3.870-2.005
5Y3.87010Y8.169-4.299
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD2.8781.791+1.087
MRQ1.8651.443+0.422
TTM1.8651.480+0.385
YOY2.7951.515+1.280
3Y2.9301.745+1.185
5Y3.8702.479+1.391
10Y8.1692.895+5.274
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Horizon Minerals Ltd.

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5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Current Deferred Revenue -4,2954,247-48-3-51-6,915-6,9657,386421
Income Tax Expense  3,975-3,926497,7287,7772,2199,996-14,632-4,636



5.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets58,931
Total Liabilities12,656
Total Stockholder Equity46,275
 As reported
Total Liabilities 12,656
Total Stockholder Equity+ 46,275
Total Assets = 58,931

Assets

Total Assets58,931
Total Current Assets4,877
Long-term Assets54,054
Total Current Assets
Cash And Cash Equivalents 4,290
Short-term Investments 43
Net Receivables 543
Other Current Assets 43
Total Current Assets  (as reported)4,877
Total Current Assets  (calculated)4,920
+/- 43
Long-term Assets
Property Plant Equipment 47,821
Long Term Investments 6,234
Long-term Assets  (as reported)54,054
Long-term Assets  (calculated)54,054
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities10,621
Long-term Liabilities2,035
Total Stockholder Equity46,275
Total Current Liabilities
Short-term Debt 8,228
Short Long Term Debt 8,195
Accounts payable 1,068
Other Current Liabilities 1,325
Total Current Liabilities  (as reported)10,621
Total Current Liabilities  (calculated)18,816
+/- 8,195
Long-term Liabilities
Capital Lease Obligations 33
Long-term Liabilities  (as reported)2,035
Long-term Liabilities  (calculated)33
+/- 2,002
Total Stockholder Equity
Common Stock80,559
Retained Earnings -34,377
Accumulated Other Comprehensive Income 93
Total Stockholder Equity (as reported)46,275
Total Stockholder Equity (calculated)46,275
+/-0
Other
Capital Stock80,559
Cash and Short Term Investments 4,290
Common Stock Shares Outstanding 713,571
Current Deferred Revenue421
Liabilities and Stockholders Equity 58,931
Net Debt 3,938
Net Invested Capital 54,470
Net Working Capital -5,744
Property Plant and Equipment Gross 52,906
Short Long Term Debt Total 8,228



5.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-301997-06-301996-06-301995-06-301994-06-301993-06-301992-06-301991-06-301990-06-301989-06-30
> Total Assets 
1,567
1,152
828
811
823
3,506
5,783
10,015
13,822
7,590
4,634
5,166
5,562
6,298
7,695
8,955
10,411
11,848
15,924
24,800
10,254
7,696
16,517
14,592
12,797
16,080
15,122
13,814
25,603
26,309
46,277
55,149
66,452
46,478
44,736
58,931
58,93144,73646,47866,45255,14946,27726,30925,60313,81415,12216,08012,79714,59216,5177,69610,25424,80015,92411,84810,4118,9557,6956,2985,5625,1664,6347,59013,82210,0155,7833,5068238118281,1521,567
   > Total Current Assets 
1,159
981
702
685
688
3,384
1,794
3,631
4,611
2,631
1,854
2,561
1,961
2,611
3,991
5,019
7,218
9,105
5,545
5,174
4,022
1,357
5,935
2,442
2,216
1,230
1,202
2,797
9,711
11,023
5,509
12,129
12,421
6,671
6,157
4,877
4,8776,1576,67112,42112,1295,50911,0239,7112,7971,2021,2302,2162,4425,9351,3574,0225,1745,5459,1057,2185,0193,9912,6111,9612,5611,8542,6314,6113,6311,7943,3846886857029811,159
       Cash And Cash Equivalents 
1,135
981
701
662
682
130
167
3,342
4,447
2,463
1,698
2,472
1,941
1,864
3,569
3,755
6,199
4,537
4,475
4,845
3,865
257
1,975
91
1,841
939
926
1,917
3,030
10,297
4,951
5,896
11,316
5,407
5,624
4,290
4,2905,6245,40711,3165,8964,95110,2973,0301,9179269391,841911,9752573,8654,8454,4754,5376,1993,7553,5691,8641,9412,4721,6982,4634,4473,3421671306826627019811,135
       Short-term Investments 
0
0
0
0
0
0
0
0
103
107
109
51
0
0
0
0
0
2,075
0
0
0
0
0
0
105
93
55
72
72
17
17
17
17
17
17
43
43171717171717727255931050000002,075000005110910710300000000
       Net Receivables 
24
0
1
23
6
3,254
1,577
289
61
42
35
22
21
55
285
343
349
320
235
313
141
1,083
3,946
2,340
367
283
250
873
6,591
707
519
3,691
1,106
910
384
543
5433849101,1063,6915197076,5918732502833672,3403,9461,0831413132353203493432855521223542612891,5773,2546231024
       Other Current Assets 
0
0
0
0
0
0
50
0
0
20
12
17
0
135
88
0
0
102
108
16
16
17
14
12
8
9
26
8
17
19
38
2,505
173
354
149
43
431493541732,505381917826981214171616108102008813501712200050000000
   > Long-term Assets 
408
171
126
126
135
122
3,989
6,383
9,210
4,959
2,781
2,605
3,600
3,687
3,704
3,936
3,193
2,743
10,379
19,625
6,232
6,339
10,583
12,151
10,580
14,850
13,919
11,017
15,892
15,287
40,769
43,020
54,030
39,807
38,578
54,054
54,05438,57839,80754,03043,02040,76915,28715,89211,01713,91914,85010,58012,15110,5836,3396,23219,62510,3792,7433,1933,9363,7043,6873,6002,6052,7814,9599,2106,3833,989122135126126171408
       Property Plant Equipment 
256
30
0
0
0
1
3,989
6,383
9,210
4,556
2,450
2,402
2,807
2,347
1,264
1,469
1,832
2,320
1,481
1,493
1,402
1,993
4,396
7,808
9,156
9,082
9,154
8,217
14,412
14,016
39,905
38,496
605
29,884
30,150
47,821
47,82130,15029,88460538,49639,90514,01614,4128,2179,1549,0829,1567,8084,3961,9931,4021,4931,4812,3201,8321,4691,2642,3472,8072,4022,4504,5569,2106,3833,989100030256
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
51
46
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000465100000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,800
1,480
1,271
863
4,524
4,494
9,923
8,429
6,234
6,2348,4299,9234,4944,5248631,2711,4802,800000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
153
206
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000020615300000000000
       Long-term Assets Other 
152
141
126
126
135
121
0
0
0
403
331
0
542
1,339
920
690
460
230
0
0
0
0
0
0
0
0
0
11,017
15,892
15,287
40,769
0
49,189
0
0
279
2790049,189040,76915,28715,89211,0170000000002304606909201,3395420331403000121135126126141152
> Total Liabilities 
324
184
47
57
29
205
63
159
184
144
41
90
18
123
389
453
517
902
793
387
397
367
360
982
1,013
1,176
1,050
430
6,339
2,641
3,248
8,732
2,381
6,478
9,444
12,656
12,6569,4446,4782,3818,7323,2482,6416,3394301,0501,1761,01398236036739738779390251745338912318904114418415963205295747184324
   > Total Current Liabilities 
324
184
47
57
29
184
28
141
157
113
41
90
18
123
139
153
217
452
406
287
297
267
260
882
913
1,076
950
330
6,239
2,541
990
7,682
906
4,864
7,660
10,621
10,6217,6604,8649067,6829902,5416,2393309501,07691388226026729728740645221715313912318904111315714128184295747184324
       Short-term Debt 
140
18
16
22
6
0
0
0
103
107
109
51
0
0
0
0
0
236
145
82
0
50
0
359
774
861
659
0
0
0
4,295
4,295
48
51
6,965
8,228
8,2286,96551484,2954,29500065986177435905008214523600000511091071030006221618140
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,245
0
0
6,930
8,195
8,1956,930004,2450000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
116
75
3
76
4
109
109
137
194
183
241
174
214
181
236
203
54
45
99
97
6,140
298
669
3,103
376
4,361
320
1,068
1,0683204,3613763,1036692986,1409799455420323618121417424118319413710910947637511600000000
       Other Current Liabilities 
184
166
31
35
23
184
28
141
42
38
38
14
14
14
30
16
22
34
21
31
83
36
24
320
85
170
192
233
99
2,243
321
4,579
482
502
375
1,325
1,3253755024824,5793212,243992331921708532024368331213422163014141438384214128184233531166184
   > Long-term Liabilities 
0
0
0
0
0
21
35
18
26
31
0
0
0
0
250
300
300
450
387
100
100
100
100
100
100
100
100
100
100
100
2,257
1,050
1,476
1,614
1,784
2,035
2,0351,7841,6141,4761,0502,2571001001001001001001001001001001003874503003002500000312618352100000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
120
86
36
0
0
0036861200000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
100
100
2,257
930
1,390
1,579
1,784
0
01,7841,5791,3909302,257100100100000000000000000000000000000
> Total Stockholder Equity
1,243
968
781
754
794
3,301
5,720
9,856
13,638
7,446
4,593
4,975
5,442
6,175
7,307
8,503
9,894
10,946
15,132
24,413
9,856
7,329
16,157
13,611
11,784
14,904
14,072
13,384
19,263
23,668
43,029
46,417
64,070
40,000
35,292
46,275
46,27535,29240,00064,07046,41743,02923,66819,26313,38414,07214,90411,78413,61116,1577,3299,85624,41315,13210,9469,8948,5037,3076,1755,4424,9754,5937,44613,6389,8565,7203,3017947547819681,243
   Common Stock
7,042
7,840
1,176
1,176
1,401
3,102
3,142
9,824
12,280
12,273
16,169
16,299
16,214
16,912
16,862
16,619
16,619
15,734
15,734
15,734
15,734
15,739
18,668
18,668
18,668
18,668
18,668
20,980
26,849
27,524
49,747
51,440
66,426
70,089
66,211
80,559
80,55966,21170,08966,42651,44049,74727,52426,84920,98018,66818,66818,66818,66818,66815,73915,73415,73415,73415,73416,61916,61916,86216,91216,21416,29916,16912,27312,2809,8243,1423,1021,4011,1761,1767,8407,042
   Retained Earnings -34,377-30,920-30,925-3,103-6,840-7,883-4,749-8,270-7,880-4,880-4,048-7,168-5,341-2,710-8,555-7,382-5,652-5,896-4,933-6,870-8,262-9,701-10,882-11,252-11,420-11,576-7,939-5,734-4,373-3,428-1,815-1,880-1,677-1,650-8,127-7,852
   Capital Surplus 000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000
   Other Stockholders Equity 
2,053
1,255
1,255
1,255
1,273
2,014
6,006
4,405
7,124
3,160
47
119
505
200
0
0
0
0
0
0
0
0
0
0
0
0
0
284
684
893
1,166
-44,600
-63,323
-39,164
-35,292
0
0-35,292-39,164-63,323-44,6001,1668936842840000000000000200505119473,1607,1244,4056,0062,0141,2731,2551,2551,2552,053



5.4. Balance Sheets

Currency in AUD. All numbers in thousands.




5.5. Cash Flows

Currency in AUD. All numbers in thousands.




5.6. Income Statements

Currency in AUD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue6,609
Cost of Revenue-0
Gross Profit6,6096,609
 
Operating Income (+$)
Gross Profit6,609
Operating Expense-3,366
Operating Income-3,3663,243
 
Operating Expense (+$)
Research Development0
Selling General Administrative512
Selling And Marketing Expenses2,854
Operating Expense3,3663,366
 
Net Interest Income (+$)
Interest Income143
Interest Expense-1,691
Other Finance Cost-1
Net Interest Income-1,548
 
Pretax Income (+$)
Operating Income-3,366
Net Interest Income-1,548
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-3,457-3,275
EBIT - interestExpense = -3,458
-8,093
-1,766
Interest Expense1,691
Earnings Before Interest and Taxes (EBIT)-1,767-1,766
Earnings Before Interest and Taxes (EBITDA)-1,695
 
After tax Income (+$)
Income Before Tax-3,457
Tax Provision-0
Net Income From Continuing Ops-3,457-3,457
Net Income-3,457
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,366
Total Other Income/Expenses Net-911,548
 

Technical Analysis of Horizon Minerals Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Horizon Minerals Ltd. The general trend of Horizon Minerals Ltd is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Horizon Minerals Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Horizon Minerals Ltd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Horizon Minerals Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.057 < 0.069 < 0.07.

The bearish price targets are: 0.044 > 0.044 > 0.044.

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Horizon Minerals Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Horizon Minerals Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Horizon Minerals Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Horizon Minerals Ltd. The current macd is 0.00000.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Horizon Minerals Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Horizon Minerals Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Horizon Minerals Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Horizon Minerals Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHorizon Minerals Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Horizon Minerals Ltd. The current adx is 21.05.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Horizon Minerals Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Horizon Minerals Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Horizon Minerals Ltd. The current sar is 0.057.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Horizon Minerals Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Horizon Minerals Ltd. The current rsi is 55.32. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Horizon Minerals Ltd Daily Relative Strength Index (RSI) ChartHorizon Minerals Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Horizon Minerals Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Horizon Minerals Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Horizon Minerals Ltd Daily Stochastic Oscillator ChartHorizon Minerals Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Horizon Minerals Ltd. The current cci is 84.57.

Horizon Minerals Ltd Daily Commodity Channel Index (CCI) ChartHorizon Minerals Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Horizon Minerals Ltd. The current cmo is 18.38.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Horizon Minerals Ltd Daily Chande Momentum Oscillator (CMO) ChartHorizon Minerals Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Horizon Minerals Ltd. The current willr is -23.07692308.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Horizon Minerals Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Horizon Minerals Ltd Daily Williams %R ChartHorizon Minerals Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Horizon Minerals Ltd.

Horizon Minerals Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Horizon Minerals Ltd. The current atr is 0.00340654.

Horizon Minerals Ltd Daily Average True Range (ATR) ChartHorizon Minerals Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Horizon Minerals Ltd. The current obv is -30,527,418.

Horizon Minerals Ltd Daily On-Balance Volume (OBV) ChartHorizon Minerals Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Horizon Minerals Ltd. The current mfi is 62.77.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Horizon Minerals Ltd Daily Money Flow Index (MFI) ChartHorizon Minerals Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Horizon Minerals Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-10BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-02-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-02-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-10STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-04-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-06-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Horizon Minerals Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Horizon Minerals Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.324
Ma 20Greater thanMa 500.049
Ma 50Greater thanMa 1000.054
Ma 100Greater thanMa 2000.057
OpenGreater thanClose0.050
Total2/5 (40.0%)
Penke
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