Shares of Hummingbird Resources PLC (LON:HUM – Get Free Report) dropped 3.8% on Tuesday . The company traded as low as GBX 7.50 ($0.10) and last traded at GBX 7.55 ($0.10). Approximately 749,477 shares traded hands during trading, a decline of 58% from the average daily volume of 1,798,227 shares. The stock had previously closed at GBX 7.85 ($0.10).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 18 ($0.23) price target on shares of Hummingbird Resources in a report on Friday, August 9th.
Read Our Latest Analysis on HUM
Hummingbird Resources Stock Performance
About Hummingbird Resources
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.
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