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Equities research analysts at FinnCap reduced their target price on shares of Horizonte Minerals Plc (LON:HZM) from GBX 54 ($0.92) to GBX 44 ($0.75) in a research note issued to investors on Friday. The firm currently has a “corporate” rating on the stock.

Horizonte Minerals Plc (LON:HZM) traded up 2.22% during mid-day trading on Friday, hitting GBX 5.75. The stock had a trading volume of 9,008 shares. Horizonte Minerals Plc has a 1-year low of GBX 5.25 and a 1-year high of GBX 8.00. The stock’s 50-day moving average is GBX 6.25 and its 200-day moving average is GBX 6.31.

Several other analysts have also recently commented on the stock. Analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of Horizonte Minerals Plc in a research note on Thursday, July 17th.

Horizonte Minerals Plc is a United Kingdom-based company engaged in the exploration and development of precious and base metals in Brazil.

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