HORIZON GOLD LIMITED (HRN)
AI Coverage Rating: Moderate
ASX AI Signals has generated 1 signal(s) for HRN during the last 90 days,
indicating Moderate trading activity
Latest HRN Signals |
| 02/07/2026 | SELL |
HRN Share Price |
| Current Price | $1.020 |
| 52 Week High | $1.545 |
| 52 Week Low: | $0.475 |
| Trading at (% of 52 Week High) | 66.02% |
Volume
12490
20 Day Avg
61727
Relative Volume
20.2%
Business Overview
Horizon Gold Limited (ASX: HRN) is an Australian-based mining company focused on gold exploration and development. The company holds and manages a portfolio of gold projects in West Africa, particularly in Guinea and Mali. Horizon Gold aims to advance these projects through exploration and resource evaluation.
ASX Sector Overview
Sector: Materials
The Materials sector on the ASX consists of companies involved in the extraction, processing, and production of raw materials. This includes mining firms that produce metals like iron ore, gold, and copper, as well as companies that manufacture chemicals, construction materials, and industrial minerals. The sector plays a crucial role in supplying essential resources for various industries such as construction, manufacturing, and technology. It is often influenced by global commodity prices and demand from key markets like China.
Latest AI Recommendation
The SELL recommendation for Horizon Gold Limited (HRN) is supported by current market indicators and company-specific risks, suggesting a cautious stance. While the price is low, potential downside risks and sector volatility justify a high confidence in the SELL signal.
Latest HORIZON GOLD LIMITED(HRN) News
25 Jul 2025, 06:02 AM
The Australian stock market has faced a mixed bag of performances, with recent comments from the RBA and global trade tensions influencing investor sentiment. For those exploring opportunities beyond the well-known companies, penny stocks—typically smaller or newer enterprises—remain an intrigui
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