Horizon Copper Corp. (V:HCU)
Business Focus: Copper Ore Mining
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Insider Filings
Latest 10 SEDI filings for HCU within the last 6 months
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Company News
Jun 20, 2023 16:09 ET
Canadian Investment Regulatory Organization Trade Resumption - HCU
VANCOUVER, BC, June 20, 2023 /CNW/ - Trading resumes in:
Jun 15, 2023 17:09 ET
Horizon Copper Completes Purchase of Antamina NPI and Closes RTO Transaction; Trading to Recommence June 21, 2023
VANCOUVER, BC, June 15, 2023 /CNW/ - Horizon Copper Corp. (TSXV: HCU) ("Horizon Copper", "Horizon", or the "Company") is pleased to announce it has closed the second part of the previously announced reverse takeover transaction ("RTO Part B") whereby the Company acquired a 1.66% net profits interest on the low-cost, high-grade Antamina copper mine (the "Antamina NPI") from Sandstorm Gold Ltd. ("Sandstorm"). With the completion of RTO Part B and the approval of the TSX Venture Exchange ("TSX-V"), common shares of the Company are expected to resume trading on the TSX-V on June 21, 2023 under t
Valuation Ratios
Industry
Sector
Beta
1.66
--
--
Price to Sales - TTM
64.04
5.25
4.26
Price to Book - most recent quarter
0.94
1.95
1.84
Price to Cash Flow per share - TTM
2.45
8.96
8.68
Price to Free Cash Flow per share - TTM
--
21.37
16.35
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 124 | -12,321 |
| Aug 31, 2023 | 12,445 | 10,929 |
| Aug 15, 2023 | 1,516 | 28 |
Business Summary
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
Horizon Copper Corp. is a Canada-based premier copper company holding non-operating interests in high-grade, low-cost copper assets. The Company holds a portfolio of unparalleled copper assets, including a 30% interest in the copper-gold Hod Maden project, exposure to the Oyu Tolgoi copper mine through a 25% equity ownership in Entree Resources Ltd., and a 1.66% net profit interest in the Antamina copper mine. The Hod Maden Project is located in Artvin Province, northeastern Turkey. It has interests in the Hugo North Extension and Heruga deposits of the Oyu Tolgoi copper mine, located in Mongolia. The Hugo North Extension is a copper-gold porphyry deposit, and Heruga is a copper-gold-molybdenum porphyry deposit. Antamina is an open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers north of Lima. The Company also plans to actively grow its portfolio of assets, with a focus on copper projects.
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