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

Hummingbird Resources PLC (LON:HUM)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

Analyst Ratings Changes

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

Hummingbird Resources Trading Up 5.8 %

The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 95.56. The stock has a market capitalization of £61.31 million, a price-to-earnings ratio of -181.25 and a beta of 0.62. The firm has a 50-day moving average of GBX 8.06 and a 200 day moving average of GBX 9.18.

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.