Share Name Share Symbol Market Type Share ISIN Share Description
Horizonte Minerals Plc LSE:HZM London Ordinary Share GB00B11DNM70 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.20 -2.29% 8.55 4,443,829 16:01:09
Bid Price Offer Price High Price Low Price Open Price
8.50 8.60 9.05 8.55 8.85
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -3.17 -0.22 124
Last Trade Time Trade Type Trade Size Trade Price Currency
16:27:55 O 115,623 8.595 GBX

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Date Time Title Posts
26/1/202100:39Horizonte Minerals - 2018434
24/1/202115:12Horizonte Minerals: Nickel and Cobalt9,365
04/6/201922:46Cannot buy more shares via my broker2
31/7/201810:05Horizonte Minerals (HZM) One to Watch -
29/12/201719:39Horizonte Minerals: Nickel140

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Horizonte Minerals (HZM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-01-25 16:27:568.59115,6239,937.79O
2021-01-25 16:27:318.59115,6239,937.79O
2021-01-25 16:25:438.5012,5621,067.77O
2021-01-25 16:16:188.591,599137.35O
2021-01-25 16:14:208.591,01987.53O
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Horizonte Minerals (HZM) Top Chat Posts

Horizonte Minerals Daily Update: Horizonte Minerals Plc is listed in the Mining sector of the London Stock Exchange with ticker HZM. The last closing price for Horizonte Minerals was 8.75p.
Horizonte Minerals Plc has a 4 week average price of 6.85p and a 12 week average price of 5.35p.
The 1 year high share price is 10.05p while the 1 year low share price is currently 1.38p.
There are currently 1,449,377,287 shares in issue and the average daily traded volume is 5,664,261 shares. The market capitalisation of Horizonte Minerals Plc is £123,921,758.04.
excellance: we are awaiting the next derisking event, namely the finance agreement. HZM have done a mountain of work over a decade to get to this point, and yet the risk isnt over yet. We need that finance in place, and we know that a consortium of named banks have joined forces to deliver it, and Orion have backed us to the the tune of $25m which is as good a guarantee as we're going to get that the finance will definitely be forthcoming, however, even at this stage there are several potential outcomes, ranging from the no deal we've changed our minds, thru the equity finance model we expect, all the way to "you know what, we'll just put a bid in and buy it and do the work ourselves" from a major like teck. the share price movement from 4p to 8p reflects the anticipation in the market that the deal is coming, which one exactly we dont know, but we know a deal will come. this could easily 4 or 5 bag with the right kind of deal, or it could be a damp squib deal where the banks want too much from us...i absolutely hate it when the banks have too much control... we also know that the finance has been delayed, but it matters not, because the covid disaster has stopped people moving freely around the world, so teams of contractors needed to develop our site will struggle to fly in, tho local workers will be abundant, so we have time to wait, a month or three, for covid to ease, workers to get pemits, and we'll want the finance done in time for that, yet a bid could emerge out of the blue at any we take our positions and be patient.
ipwil: Nickel Mines to buy 70% in Angel Nickel for $490m = $700m 100% basis. They are going to produce 36kt/pa. #HZM are going to initially be 14.5 but will be 29kt/pa so equivalent value of $564m not including Vermehlo! However, independent valuation puts it at $1.4b so #HZM $1.13b without Verm. So bought value HZM £418m (29p share) and valued £837m (58p share) NOT including Vermehlo. hxxps:// hxxps://
twigs3: Hi Rich, peel hunt (in-house broker) has a risk target on HZM of 14p so that would be pre financed and a de-risked 34p when finance is in place I assume, that’s just on Araguaia so if news hits on Vermelho who knows where the share price could be!
salmonn1: Hi RichJJ, There are essentially two parts to the company. HZM's Araguaia district is going to be an RKEF plant producing ferronickel for the stainless steel market. The ongoing finance negotiations are to raise the circa $450 million to construct an RKEF plant with a view to begin construction later this year. The money will come from a mix of, debt, off-takes and equity. See web site for details. One question you might ask is to what extent will the equity portion dilute the SP? For what it's worth the consensus from virtually all interested parties, including long term holders, is that a producing mine with Ni north of $14k per tonne, with dilution, will have a share price significantly higher than the current 8p. An important takeaway is that the RKEF facility stands on its own feet irrespective of what happens in the battery metal space. And the Araguaia nickel resource is world class in terms of high grade and at least three decades of supply. Your interest in the battery nickel aspect relates to HZM's purchase of the Vermelho deposit from VALE at the end of 2017. The company have produced a PFS for an HPAL route to production of class1 nickel and say they are looking for a partner to develop the project. I would suggest you do some research into the HPAL process as it has a mixed success rate. HZM say they have many clear advantages over other projects, 1 half the cost of HPAL is the infrastructure, and that is adjacent to the Vermelho asset and available at no capital cost. 2 V has world class grades and quantities (30 years plus). 3 The technology has progressed since earlier less successful plants. 4 VALE provided $200 million of high quality data which will feed into a FS to save time and money. 5 Experienced workforce and authorities, rarely (if ever) available to rival sites. 6 There is an additional or fall back insurance of V providing again a world class resource for RKEF ferronickel. It is hard to measure but many here believe that little or no value from V is factored into the share price at present, so if V stays on the back burner there is little downside, but if a partner is found or even discussed the upside could be , well, substantial. But just as a stand alone ferro nickel mine in production this makes sense.
craigieboy1: Interesting to see a short play, perhaps that explains the recent repetitive selling. Seriously hope they get their fingers badly burnt. HZM will not want to see a depressed share price heading into equity funding and I would think at the right time they would plan to make a defence. Let the dice roll...
blue square: People overlook according to the project calculators, vermelho has a Greater NPV at $14000 a ton($1268mi) than Araguaia stage 1&2 at $16500 a ton ($1208mi)In my view velmelho needs more Love,don't forget in the updated 121 interview with HZM they expect the FS for Vermelho to commence within 12 months. The FS for Velmelho will cost in the region of 10 million, they can't use any money from the Araguaia finance so they must have a plan to get this money somehow. Anyhow if and when financing is announced for Araguaia, I expect the share price to go to 20p+ in short order, if anyone has been following the progress of nickel mines shares price they will know my reasoning, Hopefully news will be forthcoming, this really should be an open goal for JM whatever way you look at it there should not be a problem.
craigieboy1: Having invested for several years, a few delays here and there don’t bother me anymore, putting the best deal together is the number one priority. That said....come on... Eventually though the higher nickel price should reflect in the NRV and share price. Some very high market values being seen in EUA and GGP, I don’t hold any of either but shows the moves that can happen, market values of over £1billion each is remarkable to say the least. Personally I think an equity price of around 7-7.5p will be the seen, again just my guesstimate. I don’t see the raise at a premium as the price should be positioned sensibly to offer attractive returns to new and existing investors. Again, all guess work.
salmonn1: Given the covid problems and Brexit uncertainty I can't think of many investments as well insulated from any downsides from the above as HZM. Re covid China is the main driver for nickel and has made the best economic recovery so far. And brexit upside or downside is mostly irrelevant to HZM, except JM previously has said it affects the equity market we are looking to draw from (IG interview on YouTube). But I think that is less the case for the company at this stage. HZM is subject to general market sentiment but it will be small compared to any effect on the share price from the finance deal that is nearing closure. Better not to get too excited when things are going well or too disheartened when there are set backs in my view. HZM by chance appears to have ended up in a sweet spot of being linked into the fastest growing market (EVs and batteries)and SS which seems to be in steady growth irrespective of technical changes elsewhere. Good place to be in my view.
raymund: .....and HZM share price heads south again! Where is the newsflow to lift price for 121 Mining Investment conference starting tomorrow?
agdecks: The HZM share price is starting to mirror the nickel price. Our high came around 1 Sept, same time as nickel had its highest price since April. The drop off in the nickel price mirrors the recent drop for HZM.
Horizonte Minerals share price data is direct from the London Stock Exchange
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