Hummingbird Resources (OTCMKTS:HUMRF) Price Target Cut to GBX 9

Hummingbird Resources (OTCMKTS:HUMRFGet Rating) had its price objective lowered by Berenberg Bank from GBX 12 ($0.15) to GBX 9 ($0.11) in a report released on Tuesday morning, The Fly reports.

Hummingbird Resources Price Performance

HUMRF opened at $0.10 on Tuesday. Hummingbird Resources has a 52 week low of $0.10 and a 52 week high of $0.33. The business’s fifty day simple moving average is $0.14 and its 200 day simple moving average is $0.17.

About Hummingbird Resources

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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 principally 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.

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