Insider Buying: Horizon Gold Limited (ASX:HRN) Insider Acquires 2,000,000 Shares of Stock

by · The Cerbat Gem

Horizon Gold Limited (ASX:HRN – Get Free Report) insider Peter Sullivan purchased 2,000,000 shares of Horizon Gold stock in a transaction that occurred on Friday, November 1st. The shares were bought at an average price of A$0.40 ($0.26) per share, for a total transaction of A$790,000.00 ($523,178.81).

Horizon Gold Stock Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 0.74 and a quick ratio of 0.33.

About Horizon Gold

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Horizon Gold Limited engages in the exploration, evaluation, development, and production of gold deposits in Australia. Its flagship project is the Gum Creek gold project covering an area of approximately 663 square kilometers located within the Southern Cross Province of the Youanmi Terrane in Western Australia.

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