Horizonte Minerals Plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects in Brazil.
+ 1 more risk
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Horizonte Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HZM has not had significant price volatility in the past 3 months.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: HZM exceeded the UK Metals and Mining industry which returned -2% over the past year.
Return vs Market: HZM exceeded the UK Market which returned 6% over the past year.
Price Volatility Vs. Market
How volatile is Horizonte Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Kind Of Investor Owns Most Of Horizonte Minerals Plc (LON:HZM)?
2 months ago | Simply Wall StWhat You Must Know About Horizonte Minerals Plc's (LON:HZM) Beta Value
4 months ago | Simply Wall StWe Think Horizonte Minerals (LON:HZM) Needs To Drive Business Growth Carefully
Is Horizonte Minerals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HZM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HZM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HZM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: HZM is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HZM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HZM is overvalued based on its PB Ratio (1.4x) compared to the GB Metals and Mining industry average (1.1x).
How is Horizonte Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Horizonte 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.
- Take a look at our analysis of HZM’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Horizonte Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Horizonte Minerals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HZM is currently unprofitable.
Growing Profit Margin: HZM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HZM is unprofitable, and losses have increased over the past 5 years at a rate of -4.1% per year.
Accelerating Growth: Unable to compare HZM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HZM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (9.2%).
Return on Equity
High ROE: HZM has a negative Return on Equity (-6.11%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Horizonte Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: HZM's short term assets (£3.2M) exceed its short term liabilities (£2.2M).
Long Term Liabilities: HZM's short term assets (£3.2M) do not cover its long term liabilities (£3.4M).
Debt to Equity History and Analysis
Debt Level: HZM is debt free.
Reducing Debt: HZM has not had any debt for past 5 years.
Inventory Level: HZM has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if HZM's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HZM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HZM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -3% each year
What is Horizonte Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate HZM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HZM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HZM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HZM'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 HZM's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeremy Martin (41yo)
Mr. Jeremy John Martin, MSc, ASCM, has been the Chief Executive Officer of Horizonte Minerals PLC since March 17, 2006. Mr. Martin serves as a Country Manager of Exploration of Sweden for Aventine Resource ...
CEO Compensation Analysis
Compensation vs Market: Jeremy's total compensation ($USD780.91K) is above average for companies of similar size in the UK market ($USD323.15K).
Compensation vs Earnings: Jeremy's compensation has increased whilst the company is unprofitable.
|CEO & Director||13.9yrs||UK£604.13k||0.14% £67.0k|
|CFO & Company Secretary||3.4yrs||UK£285.52k||0.11% £52.8k|
|Local Brazilian Director||1.3yrs||no data||no data|
|Senior Nickel Advisor||0yrs||no data||no data|
Experienced Management: HZM's management team is considered experienced (3.4 years average tenure).
|CEO & Director||13.9yrs||UK£604.13k||0.14% £67.0k|
|Non-Executive Director||8.7yrs||UK£139.16k||0.14% £65.2k|
|Non-Executive Chairman||13.8yrs||UK£154.64k||0.072% £34.3k|
|Non-Executive Director||13.9yrs||UK£148.40k||0.049% £23.3k|
|Non-Executive Director||9.5yrs||no data||no data|
|Non-Executive Director||8.1yrs||UK£160.11k||0.14% £66.0k|
Experienced Board: HZM's board of directors are seasoned and experienced ( 11.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HZM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Horizonte Minerals Plc's company bio, employee growth, exchange listings and data sources
- Name: Horizonte Minerals Plc
- Ticker: HZM
- Exchange: AIM
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: UK£47.730m
- Shares outstanding: 1.45b
- Website: https://horizonteminerals.com
Number of Employees
- Horizonte Minerals Plc
- Rex House
- 4-12 Regent Street
- Greater London
- SW1Y 4RG
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HZM||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Aug 2010|
|HZM||TSX (The Toronto Stock Exchange)||Yes||Ordinary Shares||CA||CAD||Aug 2010|
Horizonte Minerals Plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral projects in Brazil. The company’s principal property is the Araguaia nickel project, a nickel laterite project located in the south of the Carajás mineral district in northern Brazil. It also explores for nickel-cobalt properties. Horizonte Minerals plc was incorporated in 2006 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 21:50|
|End of Day Share Price||2020/02/24 00:00|
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.