Australia's Horizon Gold over hits 2-week high on stake buy in Alto Metals

Horizon Gold

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))