Canaccord Genuity Group Reaffirms “Under Review” Rating for Horizonte Minerals (LON:HZM)

Canaccord Genuity Group restated their under review rating on shares of Horizonte Minerals (LON:HZM) in a research note released on Monday morning, MarketBeat.com reports.

Horizonte Minerals Stock Performance

LON HZM opened at GBX 0.40 ($0.00) on Monday. The stock has a market cap of £1.08 million, a PE ratio of -13.33 and a beta of 1.53. The company has a current ratio of 6.62, a quick ratio of 4.35 and a debt-to-equity ratio of 93.63. Horizonte Minerals has a twelve month low of GBX 0.30 ($0.00) and a twelve month high of GBX 172 ($2.14). The stock has a fifty day simple moving average of GBX 3.93 and a 200-day simple moving average of GBX 10.12.

Horizonte Minerals Company Profile

Horizonte Minerals Plc, together with its subsidiaries, engages in the exploration and development of mineral projects in Brazil. The company primarily explores for nickel deposits, as well as cobalt deposits. It holds 100% interest in the Araguaia ferronickel; and the Vermelho Nickel-Cobalt project in the eastern part of the Carajás mining district.