Horizon Minerals Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Horizon Minerals.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	10.5%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

No updates

Recent updates

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.

Earnings and Revenue Growth Forecasts

ASX:HRZ - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2024	N/A	-3	-7	-4	N/A
3/31/2024	2	-2	-8	-5	N/A
12/31/2023	3	-1	-8	-6	N/A
9/30/2023	2	-1	-11	-6	N/A
6/30/2023	0	-1	-13	-7	N/A
3/31/2023	1	-16	-13	-5	N/A
12/31/2022	1	-30	-12	-3	N/A
9/30/2022	2	-29	-12	-3	N/A
6/30/2022	3	-28	-13	-2	N/A
3/31/2022	5	-12	-13	0	N/A
12/31/2021	6	4	-14	3	N/A
9/30/2021	12	3	-10	4	N/A
6/30/2021	18	2	-7	6	N/A
3/31/2021	16	2	-6	4	N/A
12/31/2020	14	1	-5	2	N/A
9/30/2020	7	1	-6	0	N/A
6/30/2020	0	1	-6	-2	N/A
3/31/2020	0	0	-6	-3	N/A
12/31/2019	0	0	-5	-3	N/A
9/30/2019	0	-2	-7	-4	N/A
6/30/2019	0	-3	-9	-5	N/A
3/31/2019	8	-1	-7	0	N/A
12/31/2018	16	1	-4	4	N/A
9/30/2018	21	2	1	9	N/A
6/30/2018	27	4	7	13	N/A
3/31/2018	24	3	N/A	10	N/A
12/31/2017	22	3	N/A	6	N/A
9/30/2017	16	1	N/A	4	N/A
6/30/2017	10	0	N/A	1	N/A
3/31/2017	5	-2	N/A	0	N/A
12/31/2016	0	-3	N/A	0	N/A
9/30/2016	0	-3	N/A	0	N/A
6/30/2016	0	-3	N/A	0	N/A
3/31/2016	0	-1	N/A	0	N/A
12/31/2015	0	0	N/A	0	N/A
9/30/2015	0	0	N/A	0	N/A
6/30/2015	N/A	-1	N/A	0	N/A
3/31/2015	0	-1	N/A	0	N/A
12/31/2014	0	-1	N/A	0	N/A
9/30/2014	0	1	N/A	0	N/A
6/30/2014	N/A	3	N/A	0	N/A
3/31/2014	0	1	N/A	0	N/A
12/31/2013	0	-1	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if HRZ's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if HRZ's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if HRZ's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if HRZ's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if HRZ's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HRZ's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 06:26
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Horizon Minerals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Horizon Minerals Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Horizon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 14 million.

Horizon Minerals Limited, Annual General Meeting, Nov 29, 2024

Horizon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 14 million.

Is Horizon Minerals (ASX:HRZ) A Risky Investment?

New major risk - Shareholder dilution

New minor risk - Financial data availability

Horizon Minerals Limited (ASX:HRZ) completed the acquisition of Greenstone Resources Limited (ASX:GSR).

Would Horizon Minerals (ASX:HRZ) Be Better Off With Less Debt?

First half 2024 earnings released: EPS: AU$0.002 (vs AU$0.003 in 1H 2023)

Horizon agreed to acquire Greenstone Resources Limited (ASX:GSR)

Is Horizon Minerals (ASX:HRZ) Using Too Much Debt?

Northern Star Resources Limited (ASX:NST) entered into a binding Asset Sale Agreement to acquire 62 tenements in east Kalgoorlie from Horizon Minerals Limited (ASX:HRZ) for AUD 3.1 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.

Horizon Minerals Limited, Annual General Meeting, Nov 20, 2023

Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.049 loss in FY 2022)

New minor risk - Financial data availability

FMR Investments Pty Ltd completed the acquisition of Gunga West gold project in Western Australian goldfields from Horizon Minerals Limited (ASX:HRZ).

Is Horizon Minerals (ASX:HRZ) A Risky Investment?

We Think Horizon Minerals (ASX:HRZ) Has A Fair Chunk Of Debt

First half 2023 earnings released: EPS: AU$0.003 (vs AU$0.007 in 1H 2022)

Horizon Minerals Limited Announces Assay Results from Drilling Conducted by Metalhawk Limited from the 100% Owned Cannon and Golden Ridge Project Areas

An Unknown buyer acquired 13.16% stake in Kingwest Resources Limited (ASX:KWR) AUD 1.3 million.

Less than half of directors are independent

Horizon Minerals Limited announced that it expects to receive $5 million in funding from Nebari Partners Llc

Horizon Minerals Limited, Annual General Meeting, Nov 25, 2022

Horizon Minerals Limited Auditor Raises 'Going Concern' Doubt

Horizon Minerals Limited Announces Maiden Mineral Resource Estimates for the Coote and Capricorn Projects

Full year 2022 earnings released: AU$0.049 loss per share (vs AU$0.004 profit in FY 2021)

Horizon Minerals Limited Reports Drilling Results from the 100% Owned Greater Boorara - Cannon Project

Horizon Minerals Limited Announces New Gold Drilling Results from the 100% Owned Binduli and Black Flag Project

Horizon Minerals Limited Provides High Grade Drill Results from New Monument Gold Project

Greenstone Resources Limited (ASX:GSR) agreed to acquire Phoenix and Kangaroo Hill gold projects 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 for AUD 0.4 million.

Horizon Minerals Limited Announces New Nickel Drilling Results from the 100% Owned Golden Ridge and Cannon Project Areas

Less than half of directors are independent

Horizon Minerals Limited Announces Encouraging Platinum and Palladium Results from Lakewood

An unknown buyer acquired unknown stake in Red Dirt Metals Limited, Cyprium Metals Limited and Metal Hawk Limited from Horizon Minerals Limited (ASX:HRZ) for AUD 2 million.

Horizon Minerals Limited Announces Positive Cannon Mine Results and Feasibility Study Update

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Horizon Minerals Limited Announces Initial Results Show Multi-Commodity Potential At Yarmany

Horizon Minerals Limited Completes Two Toll Milling Campaigns Treating Low Grade Ore Stockpiles from the Boorara Open Pit at the Lakewood Toll Milling Facility in Kalgoorlie Boulder

Horizon Minerals Limited Announces Further High Grade Drilling Results from the Crake and Coote Projects

Kalpini Provides Gold Project Mineral Resource Update

Horizon Minerals Limited Announces Peyes Farm Mineral Resource Update

Why Horizon Minerals' (ASX:HRZ) Earnings Are Better Than They Seem

Horizon Minerals Limited Announce an Updated Mineral Resource Estimate for the Penny's Find JV Project

Does Horizon Minerals (ASX:HRZ) Have A Healthy Balance Sheet?

Horizon Minerals Limited Announces New Drilling Results from Its 100% Owned Binduli Gold Project

Horizon Minerals Limited Announces High Grade Results Continue from Windanya Gold Project

Horizon Minerals Limited Provides Update on Independent Mineral Resource Estimate for the Boorara Gold Project

Horizon Minerals Limited Announces New High-Grade Drilling Results from the 100% Owned Windanya Gold Project Area Located Along the Bardoc Tectonic Zone, 45Km North of Kalgoorlie - Boulder in the Heart of the Western Australian Goldfields

First half 2021 earnings released: EPS AU$0.004 (vs AU$0.006 in 1H 2020)

Does Horizon Minerals (ASX:HRZ) Have A Healthy Balance Sheet?

Horizon Minerals Limited Announces High Grade Drilling Results Received from the Peyes Farm Gold Project

Horizon Minerals Limited Announces Completion of the Fourth and Final Milling Campaign from Trial Mining At the Boorara Gold Mine, 10Km East of Kalgoorlie-Boulder in the Goldfields of Western Australia

Horizon Minerals Limited Announces Drilling Results from Jacques Find Gold Project

Horizon to Retain and Advance Nimbus Silver-Zinc Project

Horizon Minerals Limited (ASX:HRZ) acquired Phoenix Gold Mine, 5 kilometers north of Coolgardie from private consortium for AUD 0.08 million.

Horizon Launches 50,000M Exploration Program for 2021

Horizon Minerals Limited Announces Completion of the Third Milling Campaign from Trial Mining At the Boorara Gold Mine

Horizon Minerals Limited Announces the Appointment of Julian Tambyrajah in the Newly Created Role of Chief Financial Officer

Horizon Minerals Limited Announces Drilling Results from Crake Gold Project

Horizon Minerals Limited Announces First Gold Production from the Third Toll Milling Campaign from Trial Mining at the Boorara Gold Mine

Horizon Minerals Limited Announces Drilling Results from the Rose Hill Gold Project, Located Near Coolgardie

Horizon Minerals Limited (ASX:HRZ) completed the acquisition of Kalpini Gold Project in the Western Australia from NBT Metals Pty Ltd.

Horizon Minerals Limited Announces High Grade Drilling Results Continue from the Binduli Gold Project

Horizon Minerals Limited Announces Positive Feasibility Results for Richmond Vanadium Project

Horizon Minerals Limited (ASX:HRZ) entered into a binding tenement sale agreement to acquire Kalpini Gold Project in the Western Australia from NBT Metals Pty Ltd for AUD 2.8 million.

Horizon Minerals Limited Announces Trial Mining and Second Toll Milling Campaign Completed at the Boorara Gold Mine

Insider recently sold AU$454k worth of stock

Insider recently sold AU$2.0m worth of stock

Horizon Minerals Limited announced that it has received AUD 2 million in funding

Horizon Minerals Limited announced that it expects to receive AUD 16.1 million in funding

Cyprium Metals Limited (ASX:CYM) agreed to acquire Nanadie Well copper project near Meekatharra in the Murchison District of Western Australia from Horizon Minerals Limited (ASX:HRZ) for $1.5 million.

Earnings and Revenue Growth Forecasts