Hummingbird Resources (LON:HUM) Reaches New 12-Month Low – Time to Sell?

Posted by Latisha Jones on Nov 26th, 2024

Shares of Hummingbird Resources PLC (LON:HUM – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1.25 ($0.02) and last traded at GBX 1.38 ($0.02), with a volume of 10181390 shares trading hands. The stock had previously closed at GBX 1.40 ($0.02).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 17 ($0.21) target price on shares of Hummingbird Resources in a research report on Tuesday, September 17th.

Read Our Latest Stock Report on HUM

Hummingbird Resources Stock Performance

The firm has a market capitalization of £11.17 million, a price-to-earnings ratio of -27.56 and a beta of 0.50. The firm’s 50-day moving average price is GBX 5.85 and its two-hundred day moving average price is GBX 7.69. The company has a debt-to-equity ratio of 149.07, a quick ratio of 0.45 and a current ratio of 0.21.

Hummingbird Resources Company Profile

(Get Free Report)

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.