Hummingbird Resources (LON:HUM) Shares Up 16.2%

Hummingbird Resources PLC (LON:HUM) shares were up 16.2% on Tuesday . The stock traded as high as GBX 10.90 ($0.14) and last traded at GBX 10.71 ($0.13). Approximately 631,117 shares changed hands during trading, a decline of 63% from the average daily volume of 1,697,656 shares. The stock had previously closed at GBX 9.22 ($0.12).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 22 ($0.28) target price on shares of Hummingbird Resources in a report on Tuesday, April 16th.

Hummingbird Resources Stock Up 13.1 %

The business’s 50 day simple moving average is GBX 8.02 and its 200 day simple moving average is GBX 9.15. The company has a market capitalization of £83.33 million, a PE ratio of -230.50 and a beta of 0.62. The company has a quick ratio of 0.45, a current ratio of 0.47 and a debt-to-equity ratio of 95.56.

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.