Canaccord Genuity Group Reiterates Speculative Buy Rating for Hummingbird Resources (LON:HUM)

Canaccord Genuity Group restated their speculative buy rating on shares of Hummingbird Resources (LON:HUM) in a research report released on Tuesday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 17 ($0.22) target price on the stock.

Hummingbird Resources Stock Performance

The company has a market capitalization of £71.39 million, a PE ratio of -292.67 and a beta of 0.50. The stock has a 50 day moving average of GBX 8.37 and a two-hundred day moving average of GBX 8.46. Hummingbird Resources has a 12-month low of GBX 4.06 ($0.05) and a 12-month high of GBX 14 ($0.18). The company has a quick ratio of 0.45, a current ratio of 0.25 and a debt-to-equity ratio of 149.92.

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.