HZM : Horizonte Minerals Plc Stock Profile

Last Updated: 3/12/2024 0:47:16

Horizonte Minerals Plc trades with the ticker HZM on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
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. The company is headquartered in London, the United Kingdom.
 

Looking to invest in Horizonte Minerals Plc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

HZM.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $16.253MM

PE Ratio:

Price: 3.75 (Updated: 3/12/2024 0:47:16)



Horizonte Minerals Plc (HZM) vs Competitors in Other Industrial Metals & Mining

Lets see how HZM.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Horizonte Minerals Plc (HZM) vs Almonty Industries Inc (AII)
    • AII has higher EPS (-0.04 vs -0.04). AII and HZM both have P/E’s under 0.
  • Horizonte Minerals Plc (HZM) vs Altius Minerals Corporation (ALS)
    • ALS has higher EPS (0.38 vs -0.04). ALS provides dividends, while HZM does not. HZM has a P/E under 0, indicating ALS (P/E 49.658) is in a better position.
  • Horizonte Minerals Plc (HZM) vs Aquila Resources Inc (AQA)
    • AQA has higher EPS (-0.024 vs -0.04). AQA provides dividends, while HZM does not. AQA and HZM both have P/E’s under 0.
  • Horizonte Minerals Plc (HZM) vs Ascendant Resources Inc (ASND)
    • ASND has higher EPS (0.08 vs -0.04). HZM has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
  • Horizonte Minerals Plc (HZM) vs Auryn Resources Inc (AUG)
    • HZM has higher EPS (-0.04 vs -0.185). AUG provides dividends, while HZM does not. AUG and HZM both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-21.86) than the industry average (-18.74), indicating attractive valuation.
 

How to Buy HZM stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment