Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Horizon Copper Corp., together with its subsidiaries, engages in the copper mining operations. The company has a 30% interest in the Hod Maden copper-gold project located in Turkey; and a 55% interest in the Peninsula gold project situated in Michigan on the southern edge of the Superior Province in Archean aged rocks of the Ishpeming Greenstone Belt. It holds a 20% interest in the Oyu Tolgoi copper project, which includes the Hugo North Extension and Heruga deposits located in the South Gobi Desert of Mongolia, as well as a 1.66% net profits interest in the Antamina copper mine located in Peru. The company is headquartered in Vancouver, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is undervalued on P/FCF.
Target Price
The average target price of HCU.V is 1.5 and suggests 25% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec
