Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
HRN.AX
SELLREMOVEHorizon Gold Limited · Basic Materials · Australia · $147M · Avg Vol: $67K/d
A micro-cap gold explorer with no current revenues or cash flows, representing a speculative binary bet rather than a high-quality compounder.
COMPANY DESCRIPTION
Horizon Gold Limited is an Australian gold exploration and development company focused on its 100%-owned Gum Creek Gold Project in Western Australia. Gum Creek hosts a substantial historical resource base with significant potential for further high-grade discoveries across its extensive tenement package. Horizon's competitive moat is supported by the project's historical production infrastructure and its location within a highly prospective, under-explored greenstone belt.
FINANCIAL SUMMARY
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| EPS | — | -0.00 | -0.01 | -0.01 | -0.00 | — |
| Shares | — | 126M | 128M | 147M | 147M | +16.2% |
| Debt | 8M | 28,725 | 29,443 | 9M | — | 1.7% |
| Equity | 18M | 22M | 21M | 23M | — | 8.7% |
| Op CF | — | — | — | — | — | — |
| Inv CF | — | -5M | -5M | 170,197 | -4M | — |
| Fin CF | — | 7M | 4M | 313,106 | 4M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of HRN.AX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| HRN.AX | Horizon Gold Limited(you) | $147M | 33 | SELL |
| TOR.AX | Torque Metals Limited | $147M | 33 | SELL |
| AS1.AX | Asara Resources Limited | $167M | 40 | HOLD |
| MRT.AX | Maritana Minerals Limited | $178M | 25 | SELL |
| ERM.AX | Emmerson Resources Limited | $179M | 24 | SELL |
| STN.AX | Saturn Metals Limited | $234M | 29 | SELL |
| PGL.AX | Pilbara Gold Limited | $85M | 35 | HOLD |
| TSO.AX | Tesoro Gold Ltd | $135M | 21 | SELL |
| DLI.AX | Delta Lithium Limited | $111M | 25 | SELL |
| TTM.AX | Titan Minerals Limited | $156M | 17 | STRONG SELL |
Peer medians: ROE -8.6% · P/E 14.0x · Gross margin 34.5%