Hummingbird Resources (LON:HUM) Shares Pass Below 200 Day Moving Average of $10.44

Hummingbird Resources PLC (LON:HUMGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 10.44 ($0.13) and traded as low as GBX 8.50 ($0.11). Hummingbird Resources shares last traded at GBX 8.75 ($0.11), with a volume of 403,987 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 22 ($0.28) target price on shares of Hummingbird Resources in a report on Wednesday, January 31st.

Read Our Latest Stock Report on HUM

Hummingbird Resources Stock Up 0.5 %

The firm has a market capitalization of £70.26 million, a P/E ratio of -218.75 and a beta of 0.68. The company has a debt-to-equity ratio of 95.56, a quick ratio of 0.45 and a current ratio of 0.47. The business’s fifty day moving average price is GBX 10.02 and its two-hundred day moving average price is GBX 10.44.

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 principally 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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