Maritana Minerals（MRT）株式概要ホライズン・ミネラルズ社は、オーストラリアで鉱区の探査と開発に従事している。 詳細MRT ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長3/6過去の実績0/6財務の健全性6/6配当金0/6報酬収益は年間202.31%増加すると予測されています リスク分析過去1年間で株主の希薄化は大幅に進んだ すべてのリスクチェックを見るMRT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.63153.6k% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-30m98m2016201920222025202620282031Revenue AU$121.8kEarnings AU$15.9kAdvancedSet Fair ValueView all narrativesMaritana Minerals Limited 競合他社Polymetals ResourcesSymbol: ASX:POLMarket cap: AU$224.5mAurum ResourcesSymbol: ASX:AUEMarket cap: AU$232.0mBrightstar ResourcesSymbol: ASX:BTRMarket cap: AU$334.8mMeeka MetalsSymbol: ASX:MEKMarket cap: AU$324.0m価格と性能株価の高値、安値、推移の概要Maritana Minerals過去の株価現在の株価AU$0.6352週高値AU$1.5552週安値AU$0.60ベータ1.161ヶ月の変化-18.18%3ヶ月変化-38.54%1年変化-12.50%3年間の変化-2.33%5年間の変化-66.40%IPOからの変化-58.00%最新ニュースBreakeven Date Change • May 20Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.Breakeven Date Change • May 04Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.New Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 49% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (161% increase in shares outstanding).Breakeven Date Change • May 01Forecast breakeven date pushed back to 2027The analyst covering Maritana Minerals previously expected the company to break even in 2026. New forecast suggests losses will reduce by 81% to 2026. The company is expected to make a profit of AU$28.8m in 2027. Average annual earnings growth of 189% is required to achieve expected profit on schedule.お知らせ • Mar 17Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,306,909 Price\Range: AUD 1.08お知らせ • Feb 17+ 1 more updateHorizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,259,259 Price\Range: AUD 1.08最新情報をもっと見るRecent updatesBreakeven Date Change • May 20Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.Breakeven Date Change • May 04Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.New Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 49% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (161% increase in shares outstanding).Breakeven Date Change • May 01Forecast breakeven date pushed back to 2027The analyst covering Maritana Minerals previously expected the company to break even in 2026. New forecast suggests losses will reduce by 81% to 2026. The company is expected to make a profit of AU$28.8m in 2027. Average annual earnings growth of 189% is required to achieve expected profit on schedule.お知らせ • Mar 17Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,306,909 Price\Range: AUD 1.08お知らせ • Feb 17+ 1 more updateHorizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,259,259 Price\Range: AUD 1.08お知らせ • Feb 02Horizon Minerals Limited Announces Company Secretary Changes, Effective 2 February 2026Horizon Minerals Limited has appointed Ms. Isabel Macchia as Company Secretary and Mr. Brendan Shalders as Joint Company Secretary, effective immediately. Ms. Macchia will have primary responsibility for the administration of the Company’s corporate governance, compliance and ASX listing obligations. She is a member of the Governance Institute of Australia and has previously served in company secretarial roles at Atlas Iron and Synergy. Mr. Shalders, who is also the Company’s Chief Financial Officer, will support Ms. Macchia in his role as Joint Company Secretary. Mr. Daniel Coletta will continue in his role as Company Secretary until his resignation takes effect on February 28, 2026, to facilitate an orderly transition. For the purposes of ASX Listing Rule 12.6 Mr. Daniel Coletta remains the person responsible for communications with the ASX until his resignation takes effect.お知らせ • Sep 27Horizon Minerals Limited, Annual General Meeting, Nov 28, 2025Horizon Minerals Limited, Annual General Meeting, Nov 28, 2025.お知らせ • Sep 04Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.04 Transaction Features: Subsequent Direct ListingBoard Change • Aug 18Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Warren Hallam was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 26Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 27.580229 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 27.580229 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 218,577,298 Price\Range: AUD 0.043 Discount Per Security: AUD 0.00258 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 422,823,368 Price\Range: AUD 0.043 Discount Per Security: AUD 0.00258 Transaction Features: Subsequent Direct Listingお知らせ • May 12Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of $1.307112 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of $1.307112 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 50,900,000 Price\Range: $0.02568 Transaction Features: Subsequent Direct Listingお知らせ • Feb 21Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 9.625 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 9.625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 141,000,000 Price\Range: AUD 0.045 Discount Per Security: AUD 0.001125 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 72,888,888 Price\Range: AUD 0.045 Discount Per Security: AUD 0.001125 Transaction Features: Subsequent Direct ListingBoard Change • Feb 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Warren Hallam was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 10Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 9.625 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 9.625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 213,888,888 Price\Range: AUD 0.045 Discount Per Security: AUD 0.001125 Transaction Features: Subsequent Direct ListingBoard Change • Dec 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Warren Hallam was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 03Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 14 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 14 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,729,127 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,381,984 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Transaction Features: Subsequent Direct Listingお知らせ • Oct 29Horizon Minerals Limited, Annual General Meeting, Nov 29, 2024Horizon Minerals Limited, Annual General Meeting, Nov 29, 2024. Location: a&o shearman, level 12, exchange tower, 2 the esplanade, perth wa 6000., perth Australiaお知らせ • Oct 25+ 1 more updateHorizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 14 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 14 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,729,127 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,381,984 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Transaction Features: Subsequent Direct ListingNew Risk • Oct 03New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.2m free cash flow). Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$52.6m market cap, or US$36.1m).New Risk • Sep 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.3m free cash flow). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (AU$3.1m revenue, or US$2.1m). Market cap is less than US$100m (AU$53.7m market cap, or US$37.1m).New Risk • Sep 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.3m free cash flow). Earnings have declined by 45% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (AU$3.1m revenue, or US$2.1m). Market cap is less than US$100m (AU$31.1m market cap, or US$21.4m).お知らせ • Jun 19Horizon Minerals Limited (ASX:HRZ) completed the acquisition of Greenstone Resources Limited (ASX:GSR).Horizon Minerals Limited (ASX:HRZ) agreed to acquire Greenstone Resources Limited (ASX:GSR) for AUD 13.3 million on February 13, 2024. Horizon Minerals Limited will issue 0.2868 shares for every one share of Greenstone. As of June 5, 2024, the transaction has been approved by Supreme Court of Western Australia. Argonaut Limited acted as financial advisor and Allen & Overy Australia acted as legal advisor for Horizon Minerals Limited. Steinepreis Paganin acted as legal advisor for Greenstone Resources Limited. BDO Corporate Finance (WA) Pty Ltd acted as financial advisor to Greenstone.Horizon Minerals Limited (ASX:HRZ) completed the acquisition of Greenstone Resources Limited (ASX:GSR) on June 18, 2024. Trading in Greenstone securities on the Australian Securities Exchange (ASX) was suspended from close of trading on June 6, 2024 and Greenstone will now apply to the ASX for the termination of official quotation and removal from the official list of the ASX, which is expected to take effect from close of business on June 18, 2024. Grant Haywood and Ashok Parekh have been appointed as new directors of Greenstone and Michael Edwards, Glenn Poole and James Croser have resigned as directors of Greenstone.Reported Earnings • Mar 13First half 2024 earnings released: EPS: AU$0.002 (vs AU$0.003 in 1H 2023)First half 2024 results: EPS: AU$0.002 (down from AU$0.003 in 1H 2023). Net income: AU$1.41m (down 19% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 17% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$13m free cash flow). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m (AU$125k revenue, or US$81k). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (AU$29.4m market cap, or US$19.1m).お知らせ • Feb 15Horizon agreed to acquire Greenstone Resources Limited (ASX:GSR)Horizon Minerals Limited (ASX:HRZ) agreed to acquire Greenstone Resources Limited (ASX:GSR) for AUD 13.3 million on February 13, 2024.お知らせ • Oct 06Horizon Minerals Limited entered into a binding share sale agreement to acquire Two Bridgetown-Greenbushes Lithium Tenements from Charter Minerals Pty Ltd for AUD 0.227 million.Horizon Minerals Limited entered into a binding share sale agreement to acquire Two Bridgetown-Greenbushes Lithium Tenements from Charter Minerals Pty Ltd for AUD 0.227 million on October 5, 2023. The consideration consists of AUD 0.075 million in cash and 4 million ordinary Horizon Minerals Limited shares, to Charter shareholders. The two acquired projects are granted Exploration Licences (E70/5980, E70/5981) located 5km north and 10km southwest of Bridgetown respectively and cover a total area of 33km. .お知らせ • Sep 27Horizon Minerals Limited, Annual General Meeting, Nov 20, 2023Horizon Minerals Limited, Annual General Meeting, Nov 20, 2023, at 14:00 W. Australia Standard Time.Reported Earnings • Sep 19Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.049 loss in FY 2022)Full year 2023 results: AU$0.002 loss per share (improved from AU$0.049 loss in FY 2022). Net loss: AU$1.01m (loss narrowed 96% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.New Risk • Sep 09New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 74% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). Revenue is less than US$5m (AU$3.0m revenue, or US$1.9m). Market cap is less than US$100m (AU$25.1m market cap, or US$16.0m).お知らせ • Jul 17FMR Investments Pty Ltd completed the acquisition of Gunga West gold project in Western Australian goldfields from Horizon Minerals Limited (ASX:HRZ).FMR Investments Pty Ltd agreed to acquire Gunga West gold project in Western Australian goldfields from Horizon Minerals Limited (ASX:HRZ) for AUD 0.4 million on June 17, 2022. Under the Agreement, FMR will pay AUD 0.4 million in cash on the following terms: Deposit of AUD 100,000 in cash, AUD 300,000 in cash on completion and access to FMR’s Greenfields toll mill in Coolgardie on commercial terms for ore treatment of 200,000 tonnes commencing in 2023. Completion is expected in the next four weeks and subject to standard conditions precedent for a transaction of this nature including due diligence, Ministerial consent, any third-party assignments and provision of mining information.FMR Investments Pty Ltd completed the acquisition of Gunga West gold project in Western Australian goldfields from Horizon Minerals Limited (ASX:HRZ) on July 17, 2023. The AUD 0.3 million cash payment received from FMR Investments. All conditions precedent including provision of signed transfers, all mining information and statutory consents have now been completed.New Risk • Jul 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 74% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (AU$3.0m revenue, or US$2.0m). Market cap is less than US$100m (AU$27.9m market cap, or US$19.0m).Reported Earnings • Mar 10First half 2023 earnings released: EPS: AU$0.003 (vs AU$0.007 in 1H 2022)First half 2023 results: EPS: AU$0.003 (down from AU$0.007 in 1H 2022). Net income: AU$1.75m (down 53% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.お知らせ • Feb 17Horizon Minerals Limited Announces Assay Results from Drilling Conducted by Metalhawk Limited from the 100% Owned Cannon and Golden Ridge Project AreasHorizon Minerals Limited announced assay results from drilling conducted by Metalhawk Limited from the 100% owned Cannon and Golden Ridge project areas located near Kalgoorlie-Boulder in the heart of the Western Australian goldfields. In 2022 Metalhawk completed a regional 123 hole, Air Core program about 25 km southeast of Kalgoorlie, close to the Golden Ridge and Cannon Projects. The drilling focussed on discovering new nickel mineralisation where Metalhawk have the Ni rights over a number of Horizon tenements in this area. In addition to the nickel suite of elements, Metalhawk Limited routinely assayed 5m composite samples for a multi-element package that included Ce, La. This data was made available to Horizon Minerals. Subsequently 8 holes with anomalous levels of Ce and La, were then selected for resampling as single meter intervals and tested for the complete Rare Earth Element (REE) suite, in addition to Sc, Y and La. The Cannon deposit occurs within Horizon's Bulong South gold project located 30km east-southeast of Kalgoorlie in the Eastern Goldfields region of Western Australia, on granted mining lease M25/333. The geology comprises a thickly interbedded sequence of ultramafics, high Mg basalts and shales with felsic porphyry and lamprophyric intrusive dykes. Gold is typically found in quartz veins in the basalt. The Cannon deposit was discovered by Southern Gold Limited in 2008 following up geochemical anomalies testing for strike extensions of the George's Reward mineralisation immediately north of the Bulong South deposit. The George's Reward prospect was initially held by Northern Mining Limited and comprised an Inferred Mineral Resource of approximately 23,000 ounces when purchased by Westgold Limited in 2015. The Golden Ridge area is largely associated with the north-south trending, sub vertical quartz- feldspar porphyry located between ultramafic, shales and cherts to the west and an ultramafic (talc- carbonate) sequences to the east. Gold mineralisation is similar to Boorara and observed in flat lying vein arrays and thicker, steeper dipping, contact style lodes. Drillhole resampling was undertaken on the 8 anomalous air core holes and specific composite intervals showing the highest Ce and La grades. The single splits were submitted to Intertek for aqua regia (partial) digest and multi-element assaying including the REE suite. More complete (full digest) work is planned during the metallurgical test work phase. Metalhawk completed 4 air core lines south of Cannon, three lines were barren but one line in particular returned significant amounts of saprolitic hosted REE enrichment. The mineralisation was about 30m deep, flat lying and laterally extensive. There is very little other REE data around this area, further work would focus on testing the REE thickness and grade potential to the north and south. The bulk of the Metalhawk drilling was directed to the Snake Hill area, 2km east of Golden Ridge where there appears to be linear zone of scandium enrichment in the regolith. Central to this, BVA065 recorded a maximum single meter scandium assay of 445 g/t from 32m. Scandium is often found as a weathering product from ultramafic rocks. These ultramafic rocks are common around the Golden Ridge area also and would likely be prospective for hosting scandium enrichment. Horizon's focus remains on obtaining all the permitting and approvals necessary to bring the high grade Cannon underground gold mine into production later this year. A preliminary review of REE's in general has identified that one of the main issues of developing a low grade clay hosted REE is the cost of extraction and concentrate recovery. If this cost can be achieved efficiently, the project economics would be enhanced. Horizon will submit drill samples for metallurgical testing, including beneficiation and processing pathways (e.g. "ammonium sulphate process"). Should the results be encouraging, a scoping study based on a conceptual resource model for both the REE and scandium will be undertaken.お知らせ • Jan 21An Unknown buyer acquired 13.16% stake in Kingwest Resources Limited (ASX:KWR) AUD 1.3 million.An Unknown buyer acquired 13.16% stake in Kingwest Resources Limited (ASX:KWR) for AUD 1.3 million on Jan 19, 2023. An Unknown buyer completed the acquisition of 13.16% stake in Kingwest Resources Limited (ASX:KWR) on Jan 19, 2023.Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bilbe was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 29Full year 2022 earnings released: AU$0.049 loss per share (vs AU$0.004 profit in FY 2021)Full year 2022 results: AU$0.049 loss per share (down from AU$0.004 profit in FY 2021). Net loss: AU$28.0m (down AU$30.5m from profit in FY 2021). Production and reserves: Gold Proved and probable reserves (ore): 0.135 Mt Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Peter Bilbe was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 10First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: AU$0.007 (up from AU$0.004 in 1H 2021). Revenue: AU$2.34m (down 83% from 1H 2021). Net income: AU$3.75m (up 85% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 08First half 2021 earnings released: EPS AU$0.004 (vs AU$0.006 in 1H 2020)The company reported a decent first half result with improved revenues, although earnings and profit margins were weaker. First half 2021 results: Revenue: AU$14.1m (up AU$14.1m from 1H 2020). Net income: AU$2.03m (down 18% from 1H 2020). Profit margin: 14% (down from 568,038% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 74% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • Oct 06Insider recently sold AU$454k worth of stockOn the 5th of October, Michael Ruane sold around 7m shares on-market at roughly AU$0.063 per share. In the last 3 months, they made an even bigger sale worth AU$2.0m. Insiders have been net sellers, collectively disposing of AU$2.3m more than they bought in the last 12 months.お知らせ • Aug 22Horizon Minerals Limited announced that it has received AUD 2 million in fundingOn March 23, 2020, Horizon Minerals Limited (ASX:HRZ) closed the transaction.株主還元MRTAU Metals and MiningAU 市場7D-11.3%-7.1%-1.6%1Y-12.5%48.6%-0.4%株主還元を見る業界別リターン: MRT過去 1 年間で48.6 % の収益を上げたAustralian Metals and Mining業界を下回りました。リターン対市場: MRTは、過去 1 年間で-0.4 % のリターンを上げたAustralian市場を下回りました。価格変動Is MRT's price volatile compared to industry and market?MRT volatilityMRT Average Weekly Movement9.3%Metals and Mining Industry Average Movement12.0%Market Average Movement10.1%10% most volatile stocks in AU Market17.2%10% least volatile stocks in AU Market4.0%安定した株価: MRT 、 Australian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: MRTの 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1974n/aGrant Haywoodmaritanaminerals.com.auホライズン・ミネラルズ社は、オーストラリアで鉱区の探査と開発に従事している。主に金、ニッケル、コバルト、銀、亜鉛鉱床の探査を行っている。同社は以前Intermin Resources Limitedとして知られていたが、2019年7月にHorizon Minerals Limitedに社名を変更した。Horizon Minerals Limitedは1974年に法人化され、オーストラリアのウェスト・パースに拠点を置く。もっと見るMaritana Minerals Limited 基礎のまとめMaritana Minerals の収益と売上を時価総額と比較するとどうか。MRT 基礎統計学時価総額AU$243.56m収益（TTM）-AU$3.59m売上高(TTM)AU$97.63m2.5xP/Sレシオ-67.8xPER（株価収益率MRT は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計MRT 損益計算書（TTM）収益AU$97.63m売上原価AU$90.39m売上総利益AU$7.25mその他の費用AU$10.84m収益-AU$3.59m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.0097グロス・マージン7.42%純利益率-3.68%有利子負債／自己資本比率0.4%MRT の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 17:21終値2026/06/10 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Maritana Minerals Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Joshua BakerRaaS Advisory Pty Ltd
Breakeven Date Change • May 20Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.
Breakeven Date Change • May 04Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.
New Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 49% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (161% increase in shares outstanding).
Breakeven Date Change • May 01Forecast breakeven date pushed back to 2027The analyst covering Maritana Minerals previously expected the company to break even in 2026. New forecast suggests losses will reduce by 81% to 2026. The company is expected to make a profit of AU$28.8m in 2027. Average annual earnings growth of 189% is required to achieve expected profit on schedule.
お知らせ • Mar 17Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,306,909 Price\Range: AUD 1.08
お知らせ • Feb 17+ 1 more updateHorizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,259,259 Price\Range: AUD 1.08
Breakeven Date Change • May 20Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.
Breakeven Date Change • May 04Forecast breakeven date moved forward to 2026The analyst covering Maritana Minerals previously expected the company to break even in 2027. New forecast suggests the company will make a profit of AU$35.7m in 2026.
New Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 49% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (161% increase in shares outstanding).
Breakeven Date Change • May 01Forecast breakeven date pushed back to 2027The analyst covering Maritana Minerals previously expected the company to break even in 2026. New forecast suggests losses will reduce by 81% to 2026. The company is expected to make a profit of AU$28.8m in 2027. Average annual earnings growth of 189% is required to achieve expected profit on schedule.
お知らせ • Mar 17Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.651462 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,306,909 Price\Range: AUD 1.08
お知らせ • Feb 17+ 1 more updateHorizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,259,259 Price\Range: AUD 1.08
お知らせ • Feb 02Horizon Minerals Limited Announces Company Secretary Changes, Effective 2 February 2026Horizon Minerals Limited has appointed Ms. Isabel Macchia as Company Secretary and Mr. Brendan Shalders as Joint Company Secretary, effective immediately. Ms. Macchia will have primary responsibility for the administration of the Company’s corporate governance, compliance and ASX listing obligations. She is a member of the Governance Institute of Australia and has previously served in company secretarial roles at Atlas Iron and Synergy. Mr. Shalders, who is also the Company’s Chief Financial Officer, will support Ms. Macchia in his role as Joint Company Secretary. Mr. Daniel Coletta will continue in his role as Company Secretary until his resignation takes effect on February 28, 2026, to facilitate an orderly transition. For the purposes of ASX Listing Rule 12.6 Mr. Daniel Coletta remains the person responsible for communications with the ASX until his resignation takes effect.
お知らせ • Sep 27Horizon Minerals Limited, Annual General Meeting, Nov 28, 2025Horizon Minerals Limited, Annual General Meeting, Nov 28, 2025.
お知らせ • Sep 04Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: AUD 0.04 Transaction Features: Subsequent Direct Listing
Board Change • Aug 18Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Warren Hallam was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 26Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 27.580229 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 27.580229 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 218,577,298 Price\Range: AUD 0.043 Discount Per Security: AUD 0.00258 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 422,823,368 Price\Range: AUD 0.043 Discount Per Security: AUD 0.00258 Transaction Features: Subsequent Direct Listing
お知らせ • May 12Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of $1.307112 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of $1.307112 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 50,900,000 Price\Range: $0.02568 Transaction Features: Subsequent Direct Listing
お知らせ • Feb 21Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 9.625 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 9.625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 141,000,000 Price\Range: AUD 0.045 Discount Per Security: AUD 0.001125 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 72,888,888 Price\Range: AUD 0.045 Discount Per Security: AUD 0.001125 Transaction Features: Subsequent Direct Listing
Board Change • Feb 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Warren Hallam was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 10Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 9.625 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 9.625 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 213,888,888 Price\Range: AUD 0.045 Discount Per Security: AUD 0.001125 Transaction Features: Subsequent Direct Listing
Board Change • Dec 24Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Warren Hallam was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 03Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 14 million.Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 14 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,729,127 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,381,984 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Transaction Features: Subsequent Direct Listing
お知らせ • Oct 29Horizon Minerals Limited, Annual General Meeting, Nov 29, 2024Horizon Minerals Limited, Annual General Meeting, Nov 29, 2024. Location: a&o shearman, level 12, exchange tower, 2 the esplanade, perth wa 6000., perth Australia
お知らせ • Oct 25+ 1 more updateHorizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 14 million.Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 14 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,729,127 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 155,381,984 Price\Range: AUD 0.045 Discount Per Security: AUD 0.0027 Transaction Features: Subsequent Direct Listing
New Risk • Oct 03New major risk - Revenue sizeThe company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.2m free cash flow). Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$52.6m market cap, or US$36.1m).
New Risk • Sep 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.3m free cash flow). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (AU$3.1m revenue, or US$2.1m). Market cap is less than US$100m (AU$53.7m market cap, or US$37.1m).
New Risk • Sep 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.3m free cash flow). Earnings have declined by 45% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (AU$3.1m revenue, or US$2.1m). Market cap is less than US$100m (AU$31.1m market cap, or US$21.4m).
お知らせ • Jun 19Horizon Minerals Limited (ASX:HRZ) completed the acquisition of Greenstone Resources Limited (ASX:GSR).Horizon Minerals Limited (ASX:HRZ) agreed to acquire Greenstone Resources Limited (ASX:GSR) for AUD 13.3 million on February 13, 2024. Horizon Minerals Limited will issue 0.2868 shares for every one share of Greenstone. As of June 5, 2024, the transaction has been approved by Supreme Court of Western Australia. Argonaut Limited acted as financial advisor and Allen & Overy Australia acted as legal advisor for Horizon Minerals Limited. Steinepreis Paganin acted as legal advisor for Greenstone Resources Limited. BDO Corporate Finance (WA) Pty Ltd acted as financial advisor to Greenstone.Horizon Minerals Limited (ASX:HRZ) completed the acquisition of Greenstone Resources Limited (ASX:GSR) on June 18, 2024. Trading in Greenstone securities on the Australian Securities Exchange (ASX) was suspended from close of trading on June 6, 2024 and Greenstone will now apply to the ASX for the termination of official quotation and removal from the official list of the ASX, which is expected to take effect from close of business on June 18, 2024. Grant Haywood and Ashok Parekh have been appointed as new directors of Greenstone and Michael Edwards, Glenn Poole and James Croser have resigned as directors of Greenstone.
Reported Earnings • Mar 13First half 2024 earnings released: EPS: AU$0.002 (vs AU$0.003 in 1H 2023)First half 2024 results: EPS: AU$0.002 (down from AU$0.003 in 1H 2023). Net income: AU$1.41m (down 19% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 17% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$13m free cash flow). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m (AU$125k revenue, or US$81k). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (AU$29.4m market cap, or US$19.1m).
お知らせ • Feb 15Horizon agreed to acquire Greenstone Resources Limited (ASX:GSR)Horizon Minerals Limited (ASX:HRZ) agreed to acquire Greenstone Resources Limited (ASX:GSR) for AUD 13.3 million on February 13, 2024.
お知らせ • Oct 06Horizon Minerals Limited entered into a binding share sale agreement to acquire Two Bridgetown-Greenbushes Lithium Tenements from Charter Minerals Pty Ltd for AUD 0.227 million.Horizon Minerals Limited entered into a binding share sale agreement to acquire Two Bridgetown-Greenbushes Lithium Tenements from Charter Minerals Pty Ltd for AUD 0.227 million on October 5, 2023. The consideration consists of AUD 0.075 million in cash and 4 million ordinary Horizon Minerals Limited shares, to Charter shareholders. The two acquired projects are granted Exploration Licences (E70/5980, E70/5981) located 5km north and 10km southwest of Bridgetown respectively and cover a total area of 33km. .
お知らせ • Sep 27Horizon Minerals Limited, Annual General Meeting, Nov 20, 2023Horizon Minerals Limited, Annual General Meeting, Nov 20, 2023, at 14:00 W. Australia Standard Time.
Reported Earnings • Sep 19Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.049 loss in FY 2022)Full year 2023 results: AU$0.002 loss per share (improved from AU$0.049 loss in FY 2022). Net loss: AU$1.01m (loss narrowed 96% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
New Risk • Sep 09New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 74% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). Revenue is less than US$5m (AU$3.0m revenue, or US$1.9m). Market cap is less than US$100m (AU$25.1m market cap, or US$16.0m).
お知らせ • Jul 17FMR Investments Pty Ltd completed the acquisition of Gunga West gold project in Western Australian goldfields from Horizon Minerals Limited (ASX:HRZ).FMR Investments Pty Ltd agreed to acquire Gunga West gold project in Western Australian goldfields from Horizon Minerals Limited (ASX:HRZ) for AUD 0.4 million on June 17, 2022. Under the Agreement, FMR will pay AUD 0.4 million in cash on the following terms: Deposit of AUD 100,000 in cash, AUD 300,000 in cash on completion and access to FMR’s Greenfields toll mill in Coolgardie on commercial terms for ore treatment of 200,000 tonnes commencing in 2023. Completion is expected in the next four weeks and subject to standard conditions precedent for a transaction of this nature including due diligence, Ministerial consent, any third-party assignments and provision of mining information.FMR Investments Pty Ltd completed the acquisition of Gunga West gold project in Western Australian goldfields from Horizon Minerals Limited (ASX:HRZ) on July 17, 2023. The AUD 0.3 million cash payment received from FMR Investments. All conditions precedent including provision of signed transfers, all mining information and statutory consents have now been completed.
New Risk • Jul 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 74% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (AU$3.0m revenue, or US$2.0m). Market cap is less than US$100m (AU$27.9m market cap, or US$19.0m).
Reported Earnings • Mar 10First half 2023 earnings released: EPS: AU$0.003 (vs AU$0.007 in 1H 2022)First half 2023 results: EPS: AU$0.003 (down from AU$0.007 in 1H 2022). Net income: AU$1.75m (down 53% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 17Horizon Minerals Limited Announces Assay Results from Drilling Conducted by Metalhawk Limited from the 100% Owned Cannon and Golden Ridge Project AreasHorizon Minerals Limited announced assay results from drilling conducted by Metalhawk Limited from the 100% owned Cannon and Golden Ridge project areas located near Kalgoorlie-Boulder in the heart of the Western Australian goldfields. In 2022 Metalhawk completed a regional 123 hole, Air Core program about 25 km southeast of Kalgoorlie, close to the Golden Ridge and Cannon Projects. The drilling focussed on discovering new nickel mineralisation where Metalhawk have the Ni rights over a number of Horizon tenements in this area. In addition to the nickel suite of elements, Metalhawk Limited routinely assayed 5m composite samples for a multi-element package that included Ce, La. This data was made available to Horizon Minerals. Subsequently 8 holes with anomalous levels of Ce and La, were then selected for resampling as single meter intervals and tested for the complete Rare Earth Element (REE) suite, in addition to Sc, Y and La. The Cannon deposit occurs within Horizon's Bulong South gold project located 30km east-southeast of Kalgoorlie in the Eastern Goldfields region of Western Australia, on granted mining lease M25/333. The geology comprises a thickly interbedded sequence of ultramafics, high Mg basalts and shales with felsic porphyry and lamprophyric intrusive dykes. Gold is typically found in quartz veins in the basalt. The Cannon deposit was discovered by Southern Gold Limited in 2008 following up geochemical anomalies testing for strike extensions of the George's Reward mineralisation immediately north of the Bulong South deposit. The George's Reward prospect was initially held by Northern Mining Limited and comprised an Inferred Mineral Resource of approximately 23,000 ounces when purchased by Westgold Limited in 2015. The Golden Ridge area is largely associated with the north-south trending, sub vertical quartz- feldspar porphyry located between ultramafic, shales and cherts to the west and an ultramafic (talc- carbonate) sequences to the east. Gold mineralisation is similar to Boorara and observed in flat lying vein arrays and thicker, steeper dipping, contact style lodes. Drillhole resampling was undertaken on the 8 anomalous air core holes and specific composite intervals showing the highest Ce and La grades. The single splits were submitted to Intertek for aqua regia (partial) digest and multi-element assaying including the REE suite. More complete (full digest) work is planned during the metallurgical test work phase. Metalhawk completed 4 air core lines south of Cannon, three lines were barren but one line in particular returned significant amounts of saprolitic hosted REE enrichment. The mineralisation was about 30m deep, flat lying and laterally extensive. There is very little other REE data around this area, further work would focus on testing the REE thickness and grade potential to the north and south. The bulk of the Metalhawk drilling was directed to the Snake Hill area, 2km east of Golden Ridge where there appears to be linear zone of scandium enrichment in the regolith. Central to this, BVA065 recorded a maximum single meter scandium assay of 445 g/t from 32m. Scandium is often found as a weathering product from ultramafic rocks. These ultramafic rocks are common around the Golden Ridge area also and would likely be prospective for hosting scandium enrichment. Horizon's focus remains on obtaining all the permitting and approvals necessary to bring the high grade Cannon underground gold mine into production later this year. A preliminary review of REE's in general has identified that one of the main issues of developing a low grade clay hosted REE is the cost of extraction and concentrate recovery. If this cost can be achieved efficiently, the project economics would be enhanced. Horizon will submit drill samples for metallurgical testing, including beneficiation and processing pathways (e.g. "ammonium sulphate process"). Should the results be encouraging, a scoping study based on a conceptual resource model for both the REE and scandium will be undertaken.
お知らせ • Jan 21An Unknown buyer acquired 13.16% stake in Kingwest Resources Limited (ASX:KWR) AUD 1.3 million.An Unknown buyer acquired 13.16% stake in Kingwest Resources Limited (ASX:KWR) for AUD 1.3 million on Jan 19, 2023. An Unknown buyer completed the acquisition of 13.16% stake in Kingwest Resources Limited (ASX:KWR) on Jan 19, 2023.
Board Change • Nov 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Peter Bilbe was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 29Full year 2022 earnings released: AU$0.049 loss per share (vs AU$0.004 profit in FY 2021)Full year 2022 results: AU$0.049 loss per share (down from AU$0.004 profit in FY 2021). Net loss: AU$28.0m (down AU$30.5m from profit in FY 2021). Production and reserves: Gold Proved and probable reserves (ore): 0.135 Mt Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Peter Bilbe was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 10First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: AU$0.007 (up from AU$0.004 in 1H 2021). Revenue: AU$2.34m (down 83% from 1H 2021). Net income: AU$3.75m (up 85% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 08First half 2021 earnings released: EPS AU$0.004 (vs AU$0.006 in 1H 2020)The company reported a decent first half result with improved revenues, although earnings and profit margins were weaker. First half 2021 results: Revenue: AU$14.1m (up AU$14.1m from 1H 2020). Net income: AU$2.03m (down 18% from 1H 2020). Profit margin: 14% (down from 568,038% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 74% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • Oct 06Insider recently sold AU$454k worth of stockOn the 5th of October, Michael Ruane sold around 7m shares on-market at roughly AU$0.063 per share. In the last 3 months, they made an even bigger sale worth AU$2.0m. Insiders have been net sellers, collectively disposing of AU$2.3m more than they bought in the last 12 months.
お知らせ • Aug 22Horizon Minerals Limited announced that it has received AUD 2 million in fundingOn March 23, 2020, Horizon Minerals Limited (ASX:HRZ) closed the transaction.
