HORIZON GOLD LIMITED (HRN)
Share Price Analysis and Chart

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HRN

HRN - HORIZON GOLD LIMITED

FNArena Sector : NONE
Year End: June
GICS Industry Group : NONE
Debt/EBITDA: -0.51
Index:

0

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.96

27 Jul
2026

0.020

OPEN

$0.97

2.13%

HIGH

$0.97

5,000

LOW

$0.96

FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

HISTORICAL DATA ARE ALL IN AUD
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Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-0.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx22.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-0.8 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-2.97 %
Return on Invested Capital xxxxxxxxxxxxxxx-2.97 %
Return on Assets xxxxxxxxxxxxxxx-2.10 %
Return on Equity xxxxxxxxxxxxxxx-2.97 %
Return on Total Capital xxxxxxxxxxxxxxx-4.52 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-0.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx1 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1 M
Price To Book Value xxxxxxxxxxxxxxx2.51

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx4.6 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx1 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

0
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

23/07/2026

1

Buy

$2.40

150.00%

Moelis maintains a Buy rating for Horizon Gold with a $2.40 target price following the release of the Definitive Feasibility Study for the Gum Creek project.

The study outlines an initial 10-year mine life averaging 90koz of gold production annually at all-in sustaining costs of $2,995/oz.

Pre-production capital expenditure is estimated at $350m to construct a dedicated 2.4mtpa processing facility, supporting a post-tax net present value of $894m.

The analyst notes that while open pit strip ratios drive higher costs than initial broker models, the project's valuation gap and upcoming milestones towards a final investment decision in 2027 support the equity story.

Potential upside from unmodelled underground sources and satellite orebodies is seen as providing further operational flexibility.

HRN STOCK CHART