Hummingbird Resources (OTCMKTS:HUMRF) Price Target Cut to GBX 9

Hummingbird Resources (OTCMKTS:HUMRF – Get Rating) had its price objective lowered by Berenberg Bank from GBX 12 ($0.15) to GBX 9 ($0.11) in a report released on Tuesday morning, The Fly reports.

Hummingbird Resources Price Performance

HUMRF stock opened at $0.10 on Tuesday. Hummingbird Resources has a twelve month low of $0.10 and a twelve month high of $0.33. The business has a 50 day simple moving average of $0.14 and a 200-day simple moving average of $0.17.

About Hummingbird Resources

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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.