Horizonte Minerals Plc (LON:HZM) was up 11.6% during trading on Wednesday . The stock traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.60 ($0.03). Approximately 9,646,610 shares traded hands during mid-day trading, an increase of 209% from the average daily volume of 3,120,000 shares. The stock had previously closed at GBX 2.33 ($0.03).
In related news, insider Allan Walker acquired 205,479 shares of the business’s stock in a transaction that occurred on Friday, August 17th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £8,219.16 ($10,739.79).
About Horizonte Minerals (LON:HZM)
Horizonte Minerals Plc, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of nickel mineral projects in Brazil. The company owns interest in the Araguaia nickel project, a nickel laterite project located to the south of the Carajàs mineral district in northern Brazil; and the Vermelho nickel-cobalt project located in the Carajás mineral district of northern Brazil.
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