Hummingbird Resources (LON:HUM) Receives Hold Rating from Berenberg Bank

Hummingbird Resources (LON:HUMGet Rating)‘s stock had its “hold” rating reiterated by analysts at Berenberg Bank in a report issued on Monday, Marketbeat Ratings reports. They presently have a GBX 14 ($0.18) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 6.30% from the stock’s previous close.

Separately, Canaccord Genuity Group restated a “hold” rating and set a GBX 15 ($0.19) price target on shares of Hummingbird Resources in a research report on Tuesday, April 26th.

HUM opened at GBX 13.17 ($0.17) on Monday. The stock’s 50 day simple moving average is GBX 14.52 and its 200 day simple moving average is GBX 14.55. The company has a debt-to-equity ratio of 29.94, a current ratio of 0.56 and a quick ratio of 0.29. Hummingbird Resources has a 1 year low of GBX 10.55 ($0.13) and a 1 year high of GBX 23.90 ($0.30). The firm has a market cap of £51.84 million and a price-to-earnings ratio of -14.63.

Hummingbird Resources Company Profile (Get Rating)

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 southern Mali; the Kouroussa gold project located in Guinea; and the Dugbe gold project located in Liberia.

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