Australia's Horizon Minerals jumps on ore sale deal

Maritana Minerals

06/05/2024 03:08

** Shares of Horizon Minerals  HRZ.AX  rise as much as 29.4%
to A$, set for best day since Feb. 28 if gains hold
    ** Gold producer enters into a binding ore sale agreement
with Paddington Gold Pty Ltd to treat 1.4Mt of Horizon ore from
Boorara Gold Project, Western Australia 
    ** Stock at highest level since March 1
    ** About 551,495 shares change hands, compared with the
30-day average volume of 430,597
    ** HRZ down ~19% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))