| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
HRZ Stock Overview
Horizon Minerals Limited engages in the exploration and development of mineral properties in Australia.
Horizon Minerals Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.13 |
| 52 Week High | AU$0.15 |
| 52 Week Low | AU$0.096 |
| Beta | 0.84 |
| 1 Month Change | 0% |
| 3 Month Change | 0% |
| 1 Year Change | 13.64% |
| 3 Year Change | 4.17% |
| 5 Year Change | 8.70% |
| Change since IPO | -33.33% |
Recent News & Updates
Why Horizon Minerals' (ASX:HRZ) Earnings Are Better Than They Seem
Horizon Minerals Limited ( ASX:HRZ ) announced a healthy earnings result recently, and the market rewarded it with a...
Does Horizon Minerals (ASX:HRZ) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Shareholder Returns
| HRZ | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -2.0% | -5.6% | -5.4% |
| 1Y | 13.6% | 3.7% | 2.6% |
Return vs Industry: HRZ exceeded the Australian Metals and Mining industry which returned 3.7% over the past year.
Return vs Market: HRZ exceeded the Australian Market which returned 2.6% over the past year.
Price Volatility
| HRZ volatility | |
|---|---|
| HRZ Average Weekly Movement | 8.8% |
| Metals and Mining Industry Average Movement | 10.7% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: HRZ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: HRZ's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1974 | n/a | Jon Price | https://www.horizonminerals.com.au |
Horizon Minerals Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, nickel, copper, vanadium, molybdenum, silver, and zinc deposits. The company operates 100% owned gold projects in the Kalgoorlie and Coolgardie regions.
Horizon Minerals Fundamentals Summary
| HRZ fundamental statistics | |
|---|---|
| Market Cap | AU$71.00m |
| Earnings (TTM) | AU$2.45m |
| Revenue (TTM) | AU$18.19m |
29.1x
P/E Ratio3.9x
P/S RatioIs HRZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HRZ income statement (TTM) | |
|---|---|
| Revenue | AU$18.19m |
| Cost of Revenue | AU$12.90m |
| Gross Profit | AU$5.29m |
| Expenses | AU$2.84m |
| Earnings | AU$2.45m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0043 |
| Gross Margin | 29.08% |
| Net Profit Margin | 13.45% |
| Debt/Equity Ratio | 0% |
How did HRZ perform over the long term?
See historical performance and comparisonValuation
Is Horizon Minerals undervalued compared to its fair value and its price relative to the market?
29.07x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HRZ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HRZ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HRZ is poor value based on its PE Ratio (29.1x) compared to the Australian Metals and Mining industry average (15.4x).
PE vs Market: HRZ is poor value based on its PE Ratio (29.1x) compared to the Australian market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HRZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HRZ is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Horizon Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
0.7%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Horizon Minerals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Horizon Minerals performed over the past 5 years?
30.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HRZ has a large one-off loss of A$3.3M impacting its June 30 2021 financial results.
Growing Profit Margin: HRZ's current net profit margins (13.5%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: HRZ has become profitable over the past 5 years, growing earnings by 30.5% per year.
Accelerating Growth: HRZ's earnings growth over the past year (134.5%) exceeds its 5-year average (30.5% per year).
Earnings vs Industry: HRZ earnings growth over the past year (134.5%) exceeded the Metals and Mining industry 33%.
Return on Equity
High ROE: HRZ's Return on Equity (3.8%) is considered low.
Financial Health
How is Horizon Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: HRZ's short term assets (A$12.4M) exceed its short term liabilities (A$905.6K).
Long Term Liabilities: HRZ's short term assets (A$12.4M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: HRZ is debt free.
Reducing Debt: HRZ had no debt 5 years ago.
Debt Coverage: HRZ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HRZ has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Horizon Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HRZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HRZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HRZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HRZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HRZ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Jon Price
6yrs
Tenure
AU$529,350
Compensation
Mr. Jonathan Paul Price, also known as Jon, MAusIMM, MAICD, Bsc (Env Science), Grad Dip (Metullergy), Msc (Economics) has been Managing Director and Executive Director of Horizon Minerals Limited (formerly...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD378.05K) is above average for companies of similar size in the Australian market ($USD289.87K).
Compensation vs Earnings: Jon's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: HRZ's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: HRZ's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Horizon Minerals Limited's employee growth, exchange listings and data sources
Key Information
- Name: Horizon Minerals Limited
- Ticker: HRZ
- Exchange: ASX
- Founded: 1974
- Industry: Gold
- Sector: Materials
- Implied Market Cap: AU$70.997m
- Shares outstanding: 567.98m
- Website: https://www.horizonminerals.com.au
Location
- Horizon Minerals Limited
- 163-167 Stirling Highway
- Nedlands
- Western Australia
- 6009
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 07:02 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.