Hummingbird Resources (LON:HUM) Stock Price Up 4.1% – Here’s What Happened

Hummingbird Resources PLC (LON:HUM)’s stock price rose 4.1% on Wednesday . The stock traded as high as GBX 1.99 ($0.03) and last traded at GBX 1.98 ($0.02). Approximately 2,101,005 shares were traded during mid-day trading, a decline of 0% from the average daily volume of 2,101,143 shares. The stock had previously closed at GBX 1.90 ($0.02).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 17 ($0.21) target price on shares of Hummingbird Resources in a research report on Tuesday, September 17th.

Hummingbird Resources Stock Performance

The company has a debt-to-equity ratio of 149.07, a quick ratio of 0.45 and a current ratio of 0.21. The stock has a market cap of £15.86 million, a P/E ratio of -40.00 and a beta of 0.50. The business’s 50-day moving average price is GBX 6.14 and its 200-day moving average price is GBX 7.79.

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.