Will Hummingbird Resources Ltd Short Squeeze Soon?

 Will Hummingbird Resources Ltd Short Squeeze Soon?

The stock of Hummingbird Resources Ltd (LON:HUM) is a huge mover today! The stock closed at GBX 19 during the last session. It is down 24.75% since April 22, 2016 and is downtrending. It has underperformed by 30.08% the S&P500.
The move comes after 8 months negative chart setup for the GBX 66.62 million company. It was reported on Nov, 23 by Barchart.com. We have GBX 18.24 PT which if reached, will make LON:HUM worth GBX 2.66M less.

Hummingbird Resources Ltd (LON:HUM) Ratings Coverage

Out of 3 analysts covering Hummingbird Resources (LON:HUM), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 99 is the highest target while GBX 24.75 is the lowest. The GBX 33.92 average target is 78.53% above today’s (GBX 19) stock price. Hummingbird Resources has been the topic of 34 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Tuesday, September 1 by Cantor Fitzgerald. On Thursday, June 23 the stock rating was maintained by Cantor Fitzgerald with “Buy”. Beaufort Securities maintained the shares of HUM in a report on Thursday, June 30 with “Speculative Buy” rating. The stock of Hummingbird Resources Ltd (LON:HUM) has “Buy” rating given on Thursday, April 7 by Cantor Fitzgerald. The firm earned “Speculative Buy” rating on Tuesday, October 11 by Beaufort Securities. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, February 25. Beaufort Securities maintained Hummingbird Resources Ltd (LON:HUM) on Wednesday, September 23 with “Speculative Buy” rating. The firm has “Buy” rating given on Monday, January 18 by Ambrian. The company was maintained on Thursday, June 30 by Cantor Fitzgerald. The rating was maintained by Beaufort Securities on Thursday, October 20 with “Speculative Buy”.

More recent Hummingbird Resources Ltd (LON:HUM) news were published by: Seekingalpha.com which released: “Hummingbird Resources: An Excellent Risk/Reward Gold Stock” on August 24, 2016. Also Seekingalpha.com published the news titled: “Hummingbird Resources: A Near-Term Gold Producer With Huge Upside Potential” on October 18, 2016. Seekingalpha.com‘s news article titled: “Hummingbird Resources – Second Mover Advantage In Liberia” with publication date: February 05, 2014 was also an interesting one.

Hummingbird Resources PLC is a United Kingdom multi-asset gold company. The company has a market cap of 66.62 million GBP. The Company’s principal activity is the exploration, evaluation and development of mineral exploration targets, principally gold, focused in West Africa. It currently has negative earnings. It operates in the exploration and development of mineral resources segment.

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