Hummingbird Resources (LON:HUM) Earns Speculative Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their speculative buy rating on shares of Hummingbird Resources (LON:HUM) in a research note published on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has a GBX 17 ($0.22) price target on the stock.

Hummingbird Resources Stock Performance

The firm has a 50 day moving average of GBX 8.37 and a 200-day moving average of GBX 8.46. The company has a debt-to-equity ratio of 149.92, a quick ratio of 0.45 and a current ratio of 0.25. The firm has a market cap of £71.39 million, a price-to-earnings ratio of -292.67 and a beta of 0.50. Hummingbird Resources has a 52 week low of GBX 4.06 ($0.05) and a 52 week high of GBX 14 ($0.18).

About Hummingbird Resources

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.