Hummingbird Resources (LON:HUM) Stock Rating Reaffirmed by Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their speculative buy rating on shares of Hummingbird Resources (LON:HUM) in a report issued on Tuesday morning, Marketbeat reports. The firm currently has a GBX 22 ($0.27) price target on the stock.

Hummingbird Resources Trading Down 3.6 %

LON:HUM opened at GBX 6.75 ($0.08) on Tuesday. The business’s 50-day simple moving average is GBX 8.11 and its 200-day simple moving average is GBX 9.15. Hummingbird Resources has a fifty-two week low of GBX 4.06 ($0.05) and a fifty-two week high of GBX 20.50 ($0.26). The company has a debt-to-equity ratio of 95.56, a current ratio of 0.47 and a quick ratio of 0.45. The stock has a market capitalization of £53.96 million, a PE ratio of -168.75 and a beta of 0.62.

Hummingbird Resources Company Profile

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.