Insider Buying: Horizon Minerals Limited (ASX:HRZ) Insider Buys 420,000 Shares of Stock

Horizon Minerals Limited (ASX:HRZ) insider Grant Haywood bought 420,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was purchased at an average price of A$0.05 ($0.03) per share, for a total transaction of A$20,160.00 ($13,263.16).

Horizon Minerals Price Performance

The company has a debt-to-equity ratio of 17.78, a quick ratio of 1.13 and a current ratio of 0.46.

Horizon Minerals Company Profile

Horizon Minerals Limited engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold, nickel, silver, and zinc deposits. It owns 100% interests in the Boorara Gold Project located on the eastern edge of the city of Kalgoorlie-Boulder, Western Australia.