Hummingbird Resources (LON:HUM) Share Price Crosses Below Two Hundred Day Moving Average of $9.18

Hummingbird Resources PLC (LON:HUM)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 9.18 ($0.11) and traded as low as GBX 7 ($0.09). Hummingbird Resources shares last traded at GBX 7.25 ($0.09), with a volume of 887,846 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 22 ($0.27) target price on shares of Hummingbird Resources in a research report on Tuesday, April 16th.

Hummingbird Resources Stock Up 5.8 %

The company has a quick ratio of 0.45, a current ratio of 0.47 and a debt-to-equity ratio of 95.56. The company has a market capitalization of £61.31 million, a P/E ratio of -181.25 and a beta of 0.62. The firm has a 50-day moving average price of GBX 8.06 and a two-hundred day moving average price of GBX 9.18.

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.