Hummingbird Resources PLC (LON:HUM – Get Free Report)’s share price was up 10.9% on Friday . The stock traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.44 ($0.03). Approximately 4,628,327 shares changed hands during mid-day trading, an increase of 95% from the average daily volume of 2,377,425 shares. The stock had previously closed at GBX 2.20 ($0.03).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 17 ($0.21) price target on shares of Hummingbird Resources in a research note on Tuesday, September 17th.
Get Our Latest Analysis on Hummingbird Resources
Hummingbird Resources Trading Up 2.5 %
About Hummingbird Resources
Hummingbird Resources plc (AIM: HUM) is a leading multi-asset, multi-jurisdiction gold producing Company, member of the World Gold Council and founding member of Single Mine Origin (www.singlemineorigin.com). The Company currently has two core gold projects, the operational Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea, which will more than double current gold production once at commercial production.
Further, the Company has a controlling interest in the Dugbe Gold Project in Liberia that is being developed by joint venture partners, Pasofino Gold Limited.
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