Hummingbird Resources (LON:HUM) Receives “Speculative Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their speculative buy rating on shares of Hummingbird Resources (LON:HUM) in a research report report published on Tuesday, Marketbeat Ratings reports. They currently have a GBX 22 ($0.27) price objective on the stock.

Hummingbird Resources Trading Up 1.4 %

Shares of Hummingbird Resources stock opened at GBX 7 ($0.09) on Tuesday. Hummingbird Resources has a 1 year low of GBX 4.06 ($0.05) and a 1 year high of GBX 20.50 ($0.26). The company has a market capitalization of £55.96 million, a price-to-earnings ratio of -175.00 and a beta of 0.62. The business has a fifty day simple moving average of GBX 8.13 and a two-hundred day simple moving average of GBX 9.16. The company has a debt-to-equity ratio of 95.56, a current ratio of 0.47 and a quick ratio of 0.45.

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.