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Horizon Gold Ltd

Company price
1.19 AUD 0.05 ( 4.39%)
Last update at 2026-11-10T02:37:00Z
VOLUME
9844
Market Cap
228.16M

Momentum Score

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Horizon Gold Limited engages in the exploration and evaluation of gold deposits in Australia. It holds 100% interest in its Gum Creek gold flagship project covering an area of approximately 663 square kilometers, located in the Yilgarn Craton in Western Australia. The company was incorporated in 2016 and is based in West Perth, Australia. Horizon Gold Limited is a subsidiary of Zeta Resources Limited.

Source: TradingView
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Day Price Range
1.16
Low
1.19
High
52 Week Price Range
0.70
Low
1.63
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Horizon Gold Ltd (ASX: HRN) is limited; the company is listed in Australia and appears active in the gold exploration and development sector. Long-term growth drivers may include successful exploration and resource conversion, progress toward project development, and supportive gold prices, which could appeal to investors seeking early-stage precious-metals exposure.

Principal risks are high exploration and execution risk, limited operating history and revenue, need for external capital with dilution risk, sensitivity to gold prices, and jurisdictional or permitting uncertainties.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.14
Dividend Yield
-
Revenue TTM
0.08M
Revenue Per Share
0.00
Gross Profit TTM
0.08M
Debt / Equity
0.01
ROE
-3.83%
Net Debt
-3.82M
ROCE
-3.49%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -2.02M -1.57M -1.71M -2.14M -0.49M
Net income -2.02M -0.97M -1.71M -2.14M -0.65M
Selling general administrative - 0.65M 0.71M 0.58M 0.68M
Selling and marketing expenses - 0.33M 0.27M - -
Gross profit -0.52M -0.51M -0.51M - -
Reconciled depreciation - - 0.04M 0.04M 0.04M
Ebit -2.95M -1.66M -1.60M -1.37M -0.32M
Ebitda -2.43M -1.60M -1.11M -1.33M -0.28M
Depreciation and amortization 0.52M 0.05M 0.49M 0.04M 0.04M
Operating income -2.95M -1.49M -1.49M -1.37M -0.32M
Other operating expenses 2.95M 0.98M 0.98M 1.50M 0.46M
Interest expense 0.01M 0.03M 0.10M 0.39M 0.16M
Tax provision - -0.59M 0.00M 0.00M 0.00M
Interest income - 0.03M 0.03M 0.00M 0.10M
Net interest income - - -0.54M -0.30M -0.06M
Income tax expense - 0.59M -0.69M 0.43M 0.16M
Total revenue - 0.12M 0.07M 0.09M 0.10M
Total operating expenses 2.43M 0.98M 0.98M 1.50M 0.46M
Cost of revenue 0.52M 0.51M 0.57M - -
Total other income expense net 0.93M -0.07M -0.79M -0.34M -0.16M
Net income from continuing ops - - -1.71M -2.14M -0.49M
Net income applicable to common shares - -0.97M -1.71M -2.14M -0.49M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 88.61M 48.30M 44.10M 40.75M 41.97M
Other current assets 0.13M 0.03M 0.04M 0.00M 0.04M
Total liab 16.46M 14.77M 12.15M 11.94M 11.50M
Total stockholder equity 72.14M 33.53M 31.96M 28.80M 30.47M
Other current liab 0.54M 0.35M 0.22M 0.28M 0.39M
Common stock 91.67M 51.98M 51.98M 46.11M 45.63M
Capital stock - - - 46.11M 45.63M
Retained earnings -20.91M -18.89M -19.30M -17.60M -15.46M
Other liab - - - 11.59M 10.47M
Cash 3.82M 0.50M 0.22M 0.24M 0.21M
Total current liabilities 4.05M 2.39M 0.39M 0.35M 1.03M
Current deferred revenue - - - -0.04M -0.04M
Net debt -3.82M -0.00M -0.22M -0.20M -0.17M
Short term debt - 0.50M - 0.04M 0.04M
Short long term debt total - 0.50M - 0.04M 0.04M
Other stockholder equity - - - -28.51M -30.17M
Property plant equipment - - - 40.44M 36.17M
Total current assets 24.95M 0.76M 0.29M 0.30M 5.79M
Net tangible assets - - - 28.80M 30.47M
Short term investments 20.22M - -0.00M 0.02M 0.02M
Net receivables 0.78M 0.22M 0.04M 0.03M 5.54M
Inventory - - -0.01M - -
Accounts payable 3.50M 1.53M 0.17M 0.07M 0.65M
Accumulated other comprehensive income 1.38M 0.45M -0.72M 0.29M 0.29M
Non currrent assets other 58.55M - 0.00M -40.44M -36.17M
Non current assets total 63.65M 47.54M 43.81M 40.44M 36.17M
Capital lease obligations - - - 0.04M 0.04M
Long term debt total - - - 0.00M 0.00M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - -5.00M 0.24M -6.37M
Change to liabilities - - - -0.08M 0.03M
Total cashflows from investing activities -14.20M 0.57M -5.00M 0.24M -6.37M
Net borrowings - - 3.97M -0.04M -0.04M
Total cash from financing activities 39.18M 0.50M 5.74M 0.44M 5.95M
Change to operating activities - - - 0.02M -0.03M
Net income -2.02M -0.97M -1.71M -2.14M -0.49M
Change in cash 3.32M 0.28M -0.02M 0.03M -1.06M
Begin period cash flow 0.50M 0.22M 0.24M 0.21M 1.27M
End period cash flow 3.82M 0.50M 0.22M 0.24M 0.21M
Total cash from operating activities -1.43M -0.79M -0.76M -0.65M -0.60M
Issuance of capital stock - - 1.84M 0.52M 5.96M
Depreciation 0.52M 0.05M 0.53M 0.04M 0.05M
Other cashflows from investing activities - 5.15M -3.17M 5.48M -5.40M
Change to account receivables -0.56M -0.18M 0.00M 0.10M 0.03M
Sale purchase of stock - 0.00M -0.03M -0.04M -0.01M
Other cashflows from financing activities - 0.00M -0.04M -0.04M -6.37M
Change to netincome - - - 1.42M -0.22M
Capital expenditures 0.85M 4.57M 1.83M 5.26M 5.56M
Change in working capital -0.45M -0.17M 0.08M 0.10M 0.03M
Stock based compensation - 0.06M 0.09M - 0.13M
Other non cash items 0.52M 0.24M 0.25M 1.36M -0.16M
Free cash flow -2.28M -5.37M -2.59M -5.91M -6.16M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
HRN
Horizon Gold Ltd
0.05
4.39%
1.19 - - 1293.53 3.08 -1455.59
NEM
Newmont Corporation
2.04
1.14%
181.15 12.09 10.42 6.66 3.15 6.49
NST
Northern Star Resources Ltd
0.77
2.98%
26.62 22.36 18.80 4.85 2.15 8.33
EVN
Evolution Mining Ltd
0.29
2.14%
13.82 18.16 13.61 4.88 4.07 7.74
DPM
Dpm Metals Inc.
1.95
3.41%
59.07 12.00 9.34 9.29 2.70 8.45

Profile*

Horizon Gold Ltd

Horizon Gold Limited engages in the exploration and evaluation of gold deposits in Australia. It holds 100% interest in its Gum Creek gold flagship project covering an area of approximately 663 square kilometers, located in the Yilgarn Craton in Western Australia. The company was incorporated in 2016 and is based in West Perth, Australia. Horizon Gold Limited is a subsidiary of Zeta Resources Limited.

47 Havelock Street, West Perth, WA, Australia, 6005

61 8 6331 6092

2

Name Title Year Born
Mr. Leigh Ronald Ryan B.Sc., BSc (Geology), MAIG MD & Director 1964
Mr. Trevor R. O'Connor C.A. Company Sec. NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA
Mr. Trevor R. O'Connor C.A. Company Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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