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Horizon Minerals Limited (HRZ) Fair Value & Analysis

Basic Materials · AU · Market cap A$245M

HM Horizon Minerals Limited HRZ · AU
PriceA$0.7200
Fair ValueA$0.9700
Upside+34.7%
Quality95/100
Evidence: Low Range A$0.7300 – A$1.21

Fair value as of: Jun 24, 2026

From 4 valuation models · updated 6 days ago

Share price −13.8% over the past month.

Price vs Fair Value (12 months)

A$1.51 A$0.6450 Fair Value A$0.9700 Jun 2025 Jun 2026

12‑month range A$0.6450 – A$1.51 · fair‑value band A$0.7300 – A$1.21 · the A$0.7200 price screens below the A$0.9700 fair value. As of Jun 24, 2026.

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Analysis

Horizon Minerals Limited (HRZ) currently trades at A$0.7200, while our model-based Fair Value estimate is A$0.9700 — implying the stock looks roughly 34.7% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Horizon Minerals Limited generated revenue of A$97.6M at a net margin of -3.7%. It earns a return on equity of -3.9%. The balance sheet holds a net cash position of A$7.6M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$97.6M
Revenue growth (YoY) +9,604%
Net margin -3.7%
Return on equity -3.9%
Free cash flow −A$25.2M FY2025
Operating margin 28.9%
More key figures
EPS (TTM) A$-0.0900
EPS growth (YoY) -32.1%
Net cash A$7.6M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Horizon Minerals Limited engages in the exploration, development, and production of gold and other mineral resources in Australia. It primarily explores for gold, nickel, cobalt, silver, and zinc deposits. The company was formerly known as Intermin Resources Limited and changed its name to Horizon Minerals Limited in July 2019. Horizon Minerals Limited was incorporated in 1974 and is based in West Perth, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Horizon Minerals Limited reported revenue of A$36.9M in FY2025 versus A$17.9M in FY2021, a compound +19.9%/yr. Reported net income was −A$23.8M in FY2025.

Revenue +19.9%/yr
FY21 A$17.9M
FY22 A$3.3M
FY23 A$81.9K
FY24 A$6.6M
FY25 A$36.9M
Net income
FY21 A$2.4M
FY22 −A$28.0M
FY23 −A$1.0M
FY24 −A$3.5M
FY25 −A$23.8M

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Similar stocks

6 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $132.73 +19%
Zijin Mining Group 601899 ¥30.44 ¥62.26 +105%
Agnico Eagle Mines Limited AEM $176.75 $225.34 +27%
Barrick Mining Corporation B $37.19 $70.51 +90%
Wheaton Precious Metals Corp SII €105.35 €52.47 -50%
AngloGold Ashanti plc AU $86.23 $88.63 +3%

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Frequently asked questions

Is Horizon Minerals Limited (HRZ) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$0.9700 versus a price of A$0.7200 — about +35% (undervalued). Model-based estimate, not financial advice.
What is the fair value of HRZ?
Our 21-model fair value for Horizon Minerals Limited is A$0.9700 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.7200.
What is the quality score of HRZ?
Horizon Minerals Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Horizon Minerals Limited (HRZ)?
Horizon Minerals Limited reported trailing-twelve-month revenue of about A$97.6M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of HRZ?
The net profit margin of Horizon Minerals Limited is about -3.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.