Horizon Minerals Limited (ASX:HRZ) Insider Ashok Parekh Purchases 300,000 Shares

Horizon Minerals Limited (ASX:HRZ) insider Ashok Parekh purchased 300,000 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was acquired at an average cost of A$0.05 ($0.03) per share, for a total transaction of A$14,700.00 ($9,735.10).

Horizon Minerals Price Performance

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

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.