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

Canaccord Genuity Group reissued their speculative buy rating on shares of Hummingbird Resources (LON:HUM) in a research report sent to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a GBX 22 ($0.27) target price on the stock.

Hummingbird Resources Price Performance

Shares of HUM opened at GBX 7 ($0.09) on Tuesday. The business’s 50-day moving average is GBX 8.20 and its two-hundred day moving average is GBX 9.19. The company has a market capitalization of £55.96 million, a P/E ratio of -175.00 and a beta of 0.62. The company has a debt-to-equity ratio of 95.56, a quick ratio of 0.45 and a current ratio of 0.47. 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).

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.