We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Horizon Gold Limited is a gold business based in Australia. Horizon Gold shares (HRN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Horizon Gold has a trailing 12-month revenue of around $17,000. If you're looking to buy shares, check out the steps below.
Our top pick for
US stocks
Our top pick for
ETF investing
Our top pick for
Overall broker
| 52-week range | $0.26 - $0.56 |
|---|---|
| 50-day moving average | $0.3582 |
| 200-day moving average | $0.4062 |
| Target price | $0.77 |
| PE ratio | 5.303 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.066 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.35
| 1 week (2021-09-09) | -12.50% |
|---|---|
| 1 month (2021-08-18) | -20.45% |
| 3 months (2021-06-18) | -18.60% |
| 6 months (2021-03-19) | -28.57% |
| 1 year (2020-09-18) | -25.53% |
|---|---|
| 2 years (2019-09-17) | 9.37% |
Valuing Horizon Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Horizon Gold 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Horizon Gold 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Horizon Gold shares trade at around 5x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Horizon Gold 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5.8 million (£0.0 million).
The EBITDA is a measure of a Horizon Gold 's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $17,000 |
|---|---|
| Operating margin TTM | 31558.83% |
| Gross profit TTM | $30,000 |
| Return on assets TTM | 13.17% |
| Return on equity TTM | 37.09% |
| Profit margin | 31564.71% |
| Book value | 0.215 |
| Market capitalisation | $37.3 million |
TTM: trailing 12 months
We're not expecting Horizon Gold to pay a dividend over the next 12 months.
Over the last 12 months, Horizon Gold 's shares have ranged in value from as little as $0.26 up to $0.56. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Horizon Gold 's is -0.8025. This would suggest that Horizon Gold 's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Horizon Gold has bucked the trend.
Horizon Gold Limited engages in the exploration, evaluation, and development of gold deposits in Australia. Its flagship project is the Gum Creek gold project covering an area of approximately 620 square kilometers located within the Southern Cross Province of the Youanmi Terrane in Western Australia. The company was incorporated in 2016 and is based in West Perth, Australia. Horizon Gold Limited is as a subsidiary of Zeta Resources Limited.
Shares in the telecoms operator have jumped nearly 40% over the last 12 months.
This guide will show you step-by-step instructions on how to buy the IRON Titanium Token (TITAN) token as well as a list of exchanges you can trade it on.
This guide will show you step-by-step instructions on how to buy the Wabi (WABI) token as well as a list of exchanges you can trade it on.
This guide will show you step-by-step instructions on how to buy the Cindicator (CND) token as well as a list of exchanges you can trade it on.
This guide will show you step-by-step instructions on how to buy the MonaCoin (MONA) token as well as a list of exchanges you can trade it on.
This guide will show you step-by-step instructions on how to buy the Bluzelle (BLZ) token as well as a list of exchanges you can trade it on.
This guide will show you step-by-step instructions on how to buy the Whitecoin (XWC) token as well as a list of exchanges you can trade it on.
This guide will show you step-by-step instructions on how to buy the Storj (STORJ) token as well as a list of exchanges you can trade it on.
Despite the good news, Qantas shares closed flat following the announcement, but that could change in the coming weeks.
Shares in the lithium producer are up five-fold over the last 12 months.
