Australia's Horizon Gold over hits 2-week high on stake buy in Alto Metals
19/07/2023 03:01
** Shares of Horizon Gold Ltd HRN.AX rise as much as 2.9%
to A$0.36, their highest since July 4
** Company buys 60.8 mln shares in Alto Metals Ltd AME.AX
** Says the stake acquisition is for A$3.17 mln ($2.16 mln)
** HRN set for biggest pct gain since July 4, if gains hold
** YTD, stock up 12.9% this year
($1 = 1.4708 Australian dollars)
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com))