Hummingbird Resources (LON:HUM) Stock Price Down 7%

Shares of Hummingbird Resources PLC (LON:HUM) traded down 7% during mid-day trading on Thursday . The stock traded as low as GBX 8 ($0.10) and last traded at GBX 8.42 ($0.11). 3,330,990 shares traded hands during trading, an increase of 95% from the average session volume of 1,707,411 shares. The stock had previously closed at GBX 9.05 ($0.11).

Analyst Upgrades and Downgrades

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 report on Friday, May 17th.

Hummingbird Resources Stock Up 1.0 %

The stock has a market cap of £67.95 million, a price-to-earnings ratio of -212.50 and a beta of 0.53. The company has a quick ratio of 0.45, a current ratio of 0.47 and a debt-to-equity ratio of 95.56. The stock has a fifty day moving average of GBX 8.91 and a two-hundred day moving average of GBX 8.85.

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.