Hummingbird Resources LSE:HUM is a gold miner, which stocks are traded on the London Stock Exchange.
It benefits from a very low valuation with a PER of less than 4 at the time of publishing.
After a lengthy consolidation inside a descending channel the stock price now hits the lower channel's boundary in a super oversold condition.
It is time for a bounce in...
as gold is almost at a good level for a bounce I belive stocks like Hummingbird Resources will do well as they have lots of gold.
please read latest RNS's to get to know more about the company but on fundamentals this company is undervalued.
Hoping to hold the 0.50 fibs and bounce from here. A brake of the downtrend line will push us higher
looking to rise to ATH...
Hummingbird Resources Plc engages in the exploration, development, and exploitation of mineral resources. Its portfolio includes the Yanfolila Gold Mine, Kouroussa Gold, and Dugbe Gold projects. It operates through the following segments: Mali, Liberia, Guinea, and the United Kingdom. The company was founded by Matthew Charles Idiens, Stephen Alexander Betts, and Daniel Edward Betts in November 2005 and is headquartered in London, the United Kingdom.
LSE
