Hummingbird Resources PLC (LON:HUM – Get Free Report) shares shot up 10.9% during trading on Friday . The stock traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.44 ($0.03). 4,628,327 shares traded hands during trading, an increase of 95% from the average session volume of 2,377,425 shares. The stock had previously closed at GBX 2.20 ($0.03).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 17 ($0.21) target price on shares of Hummingbird Resources in a report on Tuesday, September 17th.
Get Our Latest Research Report on HUM
Hummingbird Resources Stock Up 2.5 %
Hummingbird Resources Company Profile
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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