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Horsehead Shares Get a Boost From Upgrade

Zinc Investing

Forbes reported shares of Horsehead Holding Corp. (NASDAQ:ZINC) climbed, after an FBR analyst said that its recent share price drop makes it an attractive investment.

Forbes reported shares of Horsehead Holding Corp. (NASDAQ:ZINC) climbed, after an FBR analyst said that its recent share price drop makes it an attractive investment.

The market news is quoted as saying:

Most notably, the company will probably announce the site for its new Zinc plant in the next few weeks and start to swiftly move forward on its construction. The project is also expected to come with a generous package of financial incentives.

In addition, Horsehead will probably pursue additional projects and small acquisitions that should boost its near-term profits, he said.

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