Hummingbird Resources (LON:HUM) Shares Down 7%

Hummingbird Resources PLC (LON:HUMGet Free Report)’s share price was down 7% on Thursday . The company traded as low as GBX 8 ($0.10) and last traded at GBX 8.42 ($0.11). Approximately 3,330,990 shares traded hands during trading, an increase of 95% from the average daily volume of 1,707,411 shares. The stock had previously closed at GBX 9.05 ($0.11).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 18 ($0.23) price objective on shares of Hummingbird Resources in a research report on Friday, May 17th.

Get Our Latest Stock Report on HUM

Hummingbird Resources Trading Down 7.0 %

The stock has a market cap of £67.31 million, a PE ratio of -210.50 and a beta of 0.53. The stock has a 50-day moving average price of GBX 8.86 and a two-hundred day moving average price of GBX 8.86. The company has a debt-to-equity ratio of 95.56, a current ratio of 0.47 and a quick ratio of 0.45.

Hummingbird Resources Company Profile

(Get Free Report)

Hummingbird Resources PLC, a mining company, engages in the exploration, evaluation, and development of mineral properties in West Africa. The company primarily explores for gold ores. It holds interests in the Yanfolila gold mine located in Mali; the Kouroussa gold project located in Guinea; and the Dugbe gold project located in Liberia.

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