Hummingbird Resources (LON:HUM) Trading Down 5.6%

Hummingbird Resources PLC (LON:HUM) traded down 5.6% during mid-day trading on Tuesday . The stock traded as low as GBX 7.70 ($0.10) and last traded at GBX 8.50 ($0.11). 398,182 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 1,687,769 shares. The stock had previously closed at GBX 9 ($0.12).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 17 ($0.23) price target on shares of Hummingbird Resources in a research report on Tuesday, September 17th.

Hummingbird Resources Stock Performance

The company has a quick ratio of 0.45, a current ratio of 0.25 and a debt-to-equity ratio of 149.92. The stock has a market capitalization of £66.44 million, a P/E ratio of -256.67 and a beta of 0.50. The business has a fifty day moving average price of GBX 8.38 and a 200-day moving average price of GBX 8.42.

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.