Hummingbird Resources (LON:HUM) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Hummingbird Resources PLC (LON:HUM)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.12 ($0.05) and traded as low as GBX 2.58 ($0.03). Hummingbird Resources shares last traded at GBX 2.64 ($0.03), with a volume of 548,577 shares traded.

Hummingbird Resources Price Performance

The company has a debt-to-equity ratio of 226.73, a quick ratio of 0.45 and a current ratio of 0.25. The firm has a market cap of £55.67 million, a P/E ratio of -0.55 and a beta of 0.50. The company has a 50-day moving average of GBX 2.62 and a 200 day moving average of GBX 4.08.

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.