View ValuationHorizon Gold 향후 성장Future 기준 점검 0/6Horizon Gold 의 수익과 수익은 각각 연간 68.1% 및 85.3% 감소할 것으로 예상됩니다. EPS는 연간 56.7% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 -9.6% 로 예상됩니다.핵심 정보-85.3%이익 성장률-56.68%EPS 성장률Metals and Mining 이익 성장18.9%매출 성장률-68.1%향후 자기자본이익률-9.64%애널리스트 커버리지Low마지막 업데이트07 Jul 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 21Less 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 Peter Venn 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.공고 • Apr 03Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 10.178418 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 10.178418 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,246,810 Price\Range: AUD 1.2 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,235,205 Price\Range: AUD 1.2 Discount Per Security: AUD 0.072 Transaction Features: Rights Offering공고 • Mar 04+ 1 more updateHorizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 10.178629 million.Horizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 10.178629 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,482,191 Price\Range: AUD 1.2 Transaction Features: Rights OfferingBoard Change • Dec 30Less 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. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Non-Executive Director Peter Venn 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.공고 • Oct 03Horizon Gold Limited, Annual General Meeting, Nov 20, 2025Horizon Gold Limited, Annual General Meeting, Nov 20, 2025.공고 • Sep 01Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 6.952274 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 6.952274 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,400,670 Price\Range: AUD 0.48 Discount Per Security: AUD 0.0288 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,083,234 Price\Range: AUD 0.48 Transaction Features: Rights Offering공고 • Jul 29Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.9536 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.9536 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,320,000 Price\Range: AUD 0.48 Discount Per Security: AUD 0.0288 Transaction Features: Subsequent Direct Listing공고 • Jul 21+ 1 more updateHorizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 4.9536 million.Horizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 4.9536 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,320,000 Price\Range: AUD 0.48 Discount Per Security: AUD 0.0288 Transaction Features: Subsequent Direct Listing공고 • Mar 26Horizon Gold Limited Announces Transition of Peter Sullivan as Executive ChairmanHorizon Gold Limited announced that Peter Sullivan, currently serving as Non-executive Chairman, will transition to the role of Executive Chairman with immediate effect. This move is aimed at strengthening the executive capabilities of the Company with a focus on corporate development as the Company advances through the Gum Creek Feasibility Study.공고 • Nov 14Patronus Resources Limited (ASX:PTN) completed the acquisition of 8.42% stake in Alto Metals Limited (ASX:AME).Patronus Resources Limited (ASX:PTN) acquired 8.42% stake in Alto Metals Limited (ASX:AME) on November 14, 2024. Patronus Resources Limited (ASX:PTN) completed the acquisition of 8.42% stake in Alto Metals Limited (ASX:AME) on November 14, 2024.Recent Insider Transactions • Nov 08Non-Executive Chairman recently bought €479k worth of stockOn the 1st of November, Peter Sullivan bought around 2m shares on-market at roughly €0.24 per share. This transaction amounted to 78% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.공고 • Oct 03Horizon Gold Limited, Annual General Meeting, Nov 21, 2024Horizon Gold Limited, Annual General Meeting, Nov 21, 2024.Reported Earnings • Sep 21Full year 2024 earnings released: AU$0.012 loss per share (vs AU$0.017 loss in FY 2023)Full year 2024 results: AU$0.012 loss per share (improved from AU$0.017 loss in FY 2023). Net loss: AU$1.71m (loss narrowed 20% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.New Risk • Sep 19New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (AU$62k revenue, or US$42k). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€30.1m market cap, or US$33.6m).공고 • Sep 11Horizon Gold Limited ORDINARY FULLY PAID to Be Deleted from OTC EquityHorizon Gold Limited ORDINARY FULLY PAID (Australia) will be deleted from OTC Equity effective September 10, 2024, due to Inactive Security.공고 • Aug 21Horizon Gold Limited Announces Resignation of Dugald Morrison as Non-Executive DirectorHorizon Gold Limited announced that effective now that Mr. Dugald Morrison has resigned as a Non-executive Director of the Company to focus on other executive commitments. Date that director ceased to be director 20 August 2024.Reported Earnings • Mar 11First half 2024 earnings released: AU$0.009 loss per share (vs AU$0.005 loss in 1H 2023)First half 2024 results: AU$0.009 loss per share (further deteriorated from AU$0.005 loss in 1H 2023). Net loss: AU$1.12m (loss widened 65% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.New Risk • Mar 06New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$2.5m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m (AU$62k revenue, or US$40k). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€21.3m market cap, or US$23.1m).New Risk • Nov 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue is less than US$1m (AU$135k revenue, or US$88k). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€25.1m market cap, or US$27.3m).공고 • Nov 14Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5.897485 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5.897485 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,658,282 Price\Range: AUD 0.3 Discount Per Security: AUD 0.003 Transaction Features: Rights Offering공고 • Oct 05Horizon Gold Limited, Annual General Meeting, Nov 23, 2023Horizon Gold Limited, Annual General Meeting, Nov 23, 2023, at 09:30 W. Australia Standard Time.Reported Earnings • Sep 20Full year 2023 earnings released: AU$0.017 loss per share (vs AU$0.005 loss in FY 2022)Full year 2023 results: AU$0.017 loss per share (further deteriorated from AU$0.005 loss in FY 2022). Net loss: AU$2.14m (loss widened 340% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.New Risk • Aug 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% 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$6.3m free cash flow). Revenue is less than US$1m (AU$150k revenue, or US$97k). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€23.1m market cap, or US$25.1m).Reported Earnings • Mar 14First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.008 loss in 1H 2022)First half 2023 results: AU$0.005 loss per share (improved from AU$0.008 loss in 1H 2022). Net loss: AU$679.0k (loss narrowed 17% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.Board Change • Nov 17Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Peter Venn is the most experienced director on the board, commencing their role in 2016. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Sep 16Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.012 loss in FY 2021)Full year 2022 results: AU$0.005 loss per share (improved from AU$0.012 loss in FY 2021). Net loss: AU$487.0k (loss narrowed 55% from FY 2021).Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Peter Smith is the most experienced director on the board, commencing their role in 2016. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Mar 10First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.008 loss per share (down from AU$0.004 loss in 1H 2021). Net loss: AU$819.0k (loss widened 142% from 1H 2021). Revenue was in line with analyst estimates.Reported Earnings • Sep 24Full year 2021 earnings released: AU$0.012 loss per share (vs AU$0.06 profit in FY 2020)Full year 2021 results: Net loss: AU$1.07m (down 123% from profit in FY 2020).Reported Earnings • Mar 11First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.015 loss in 1H 2020)First half 2021 results: Net loss: AU$339.0k (loss narrowed 70% from 1H 2020).Is New 90 Day High Low • Jan 06New 90-day high: €0.31The company is up 13% from its price of €0.28 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 44% over the same period.Is New 90 Day High Low • Dec 17New 90-day high: €0.30The company is up 5.0% from its price of €0.28 on 18 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 15% over the same period.이익 및 매출 성장 예측DB:HO0 - 애널리스트 향후 추정치 및 과거 재무 데이터 (AUD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/2028N/A-15N/A-1516/30/2027N/A-8N/A-616/30/20260-3N/A0112/31/2025N/A-1-11-1N/A9/30/2025N/A-1-8-1N/A6/30/2025N/A-1-5-1N/A3/31/20250-1-4-1N/A12/31/20240-1-3-1N/A9/30/20240-1-3-1N/A6/30/2024N/A-2-3-1N/A3/31/20240-2-3-1N/A12/31/20230-3-3-1N/A9/30/20230-2-4-1N/A6/30/20230-2-6-1N/A3/31/20230-1-6-1N/A12/31/202200-6-1N/A9/30/202200-6-1N/A6/30/202200-6-1N/A3/31/20220-1-6-1N/A12/31/20210-2-6-1N/A9/30/20210-1-5-1N/A6/30/20210-1-4-1N/A3/31/202102-3-1N/A12/31/202005-2-2N/A9/30/202005-2-1N/A6/30/202005-2-1N/A3/31/202001-3-1N/A12/31/20190-3-4-2N/A9/30/20190-3N/A-2N/A6/30/20190-3N/A-2N/A3/31/20190-9N/A-1N/A12/31/20180-15N/A-1N/A9/30/20180-15N/A-1N/A6/30/20180-15N/A-1N/A3/31/20180-8N/A-1N/A12/31/20171-1N/A-1N/A9/30/201703N/A-2N/A6/30/201709N/A-1N/A3/31/201709N/A-2N/A12/31/2016010N/A-2N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: HO0 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: HO0 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: HO0 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: HO0 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -68.1%).고성장 매출: HO0 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -68.1%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: HO0는 3년 뒤에도 수익성이 없을 것으로 전망됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/22 20:31종가2026/07/22 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Horizon Gold Limited는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Paul HisseyMA Moelis Australia Securities Pty Ltd
Board Change • May 21Less 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 Peter Venn 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.
공고 • Apr 03Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 10.178418 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 10.178418 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,246,810 Price\Range: AUD 1.2 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,235,205 Price\Range: AUD 1.2 Discount Per Security: AUD 0.072 Transaction Features: Rights Offering
공고 • Mar 04+ 1 more updateHorizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 10.178629 million.Horizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 10.178629 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,482,191 Price\Range: AUD 1.2 Transaction Features: Rights Offering
Board Change • Dec 30Less 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. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Non-Executive Director Peter Venn 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.
공고 • Oct 03Horizon Gold Limited, Annual General Meeting, Nov 20, 2025Horizon Gold Limited, Annual General Meeting, Nov 20, 2025.
공고 • Sep 01Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 6.952274 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 6.952274 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 12,400,670 Price\Range: AUD 0.48 Discount Per Security: AUD 0.0288 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,083,234 Price\Range: AUD 0.48 Transaction Features: Rights Offering
공고 • Jul 29Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.9536 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 4.9536 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,320,000 Price\Range: AUD 0.48 Discount Per Security: AUD 0.0288 Transaction Features: Subsequent Direct Listing
공고 • Jul 21+ 1 more updateHorizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 4.9536 million.Horizon Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 4.9536 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,320,000 Price\Range: AUD 0.48 Discount Per Security: AUD 0.0288 Transaction Features: Subsequent Direct Listing
공고 • Mar 26Horizon Gold Limited Announces Transition of Peter Sullivan as Executive ChairmanHorizon Gold Limited announced that Peter Sullivan, currently serving as Non-executive Chairman, will transition to the role of Executive Chairman with immediate effect. This move is aimed at strengthening the executive capabilities of the Company with a focus on corporate development as the Company advances through the Gum Creek Feasibility Study.
공고 • Nov 14Patronus Resources Limited (ASX:PTN) completed the acquisition of 8.42% stake in Alto Metals Limited (ASX:AME).Patronus Resources Limited (ASX:PTN) acquired 8.42% stake in Alto Metals Limited (ASX:AME) on November 14, 2024. Patronus Resources Limited (ASX:PTN) completed the acquisition of 8.42% stake in Alto Metals Limited (ASX:AME) on November 14, 2024.
Recent Insider Transactions • Nov 08Non-Executive Chairman recently bought €479k worth of stockOn the 1st of November, Peter Sullivan bought around 2m shares on-market at roughly €0.24 per share. This transaction amounted to 78% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.
공고 • Oct 03Horizon Gold Limited, Annual General Meeting, Nov 21, 2024Horizon Gold Limited, Annual General Meeting, Nov 21, 2024.
Reported Earnings • Sep 21Full year 2024 earnings released: AU$0.012 loss per share (vs AU$0.017 loss in FY 2023)Full year 2024 results: AU$0.012 loss per share (improved from AU$0.017 loss in FY 2023). Net loss: AU$1.71m (loss narrowed 20% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
New Risk • Sep 19New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m (AU$62k revenue, or US$42k). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€30.1m market cap, or US$33.6m).
공고 • Sep 11Horizon Gold Limited ORDINARY FULLY PAID to Be Deleted from OTC EquityHorizon Gold Limited ORDINARY FULLY PAID (Australia) will be deleted from OTC Equity effective September 10, 2024, due to Inactive Security.
공고 • Aug 21Horizon Gold Limited Announces Resignation of Dugald Morrison as Non-Executive DirectorHorizon Gold Limited announced that effective now that Mr. Dugald Morrison has resigned as a Non-executive Director of the Company to focus on other executive commitments. Date that director ceased to be director 20 August 2024.
Reported Earnings • Mar 11First half 2024 earnings released: AU$0.009 loss per share (vs AU$0.005 loss in 1H 2023)First half 2024 results: AU$0.009 loss per share (further deteriorated from AU$0.005 loss in 1H 2023). Net loss: AU$1.12m (loss widened 65% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
New Risk • Mar 06New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$2.5m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m (AU$62k revenue, or US$40k). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€21.3m market cap, or US$23.1m).
New Risk • Nov 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue is less than US$1m (AU$135k revenue, or US$88k). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€25.1m market cap, or US$27.3m).
공고 • Nov 14Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5.897485 million.Horizon Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 5.897485 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,658,282 Price\Range: AUD 0.3 Discount Per Security: AUD 0.003 Transaction Features: Rights Offering
공고 • Oct 05Horizon Gold Limited, Annual General Meeting, Nov 23, 2023Horizon Gold Limited, Annual General Meeting, Nov 23, 2023, at 09:30 W. Australia Standard Time.
Reported Earnings • Sep 20Full year 2023 earnings released: AU$0.017 loss per share (vs AU$0.005 loss in FY 2022)Full year 2023 results: AU$0.017 loss per share (further deteriorated from AU$0.005 loss in FY 2022). Net loss: AU$2.14m (loss widened 340% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance.
New Risk • Aug 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% 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$6.3m free cash flow). Revenue is less than US$1m (AU$150k revenue, or US$97k). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€23.1m market cap, or US$25.1m).
Reported Earnings • Mar 14First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.008 loss in 1H 2022)First half 2023 results: AU$0.005 loss per share (improved from AU$0.008 loss in 1H 2022). Net loss: AU$679.0k (loss narrowed 17% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
Board Change • Nov 17Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Peter Venn is the most experienced director on the board, commencing their role in 2016. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Sep 16Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.012 loss in FY 2021)Full year 2022 results: AU$0.005 loss per share (improved from AU$0.012 loss in FY 2021). Net loss: AU$487.0k (loss narrowed 55% from FY 2021).
Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Non-Executive Director Peter Smith is the most experienced director on the board, commencing their role in 2016. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Mar 10First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.008 loss per share (down from AU$0.004 loss in 1H 2021). Net loss: AU$819.0k (loss widened 142% from 1H 2021). Revenue was in line with analyst estimates.
Reported Earnings • Sep 24Full year 2021 earnings released: AU$0.012 loss per share (vs AU$0.06 profit in FY 2020)Full year 2021 results: Net loss: AU$1.07m (down 123% from profit in FY 2020).
Reported Earnings • Mar 11First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.015 loss in 1H 2020)First half 2021 results: Net loss: AU$339.0k (loss narrowed 70% from 1H 2020).
Is New 90 Day High Low • Jan 06New 90-day high: €0.31The company is up 13% from its price of €0.28 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 44% over the same period.
Is New 90 Day High Low • Dec 17New 90-day high: €0.30The company is up 5.0% from its price of €0.28 on 18 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 15% over the same period.