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Share Name Share Symbol Market Type Share ISIN Share Description
Hummingbird LSE:HUM London Ordinary Share GB00B60BWY28 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.125p -0.46% 27.125p 26.75p 27.50p 27.25p 27.125p 27.125p 98,033 09:00:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -6.8 -2.9 - 93.10

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Date Time Title Posts
18/7/201712:39Hummingbird Resources1,362
27/4/201713:28Glenwick-
25/4/201702:42HUMMINGBIRD RESOURCES - multi asset gold company39
20/4/201710:08New Website1
02/3/201508:52Pleased to see great results from HUM today...-

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Hummingbird (HUM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:20:3827.3918,2104,987.26O
09:08:4927.0566,26117,923.60O
08:43:1627.391,782488.05O
07:20:2227.394,5001,232.44O
07:18:3027.397,2801,993.81O
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Hummingbird (HUM) Top Chat Posts

DateSubject
21/7/2017
09:20
Hummingbird Daily Update: Hummingbird is listed in the Mining sector of the London Stock Exchange with ticker HUM. The last closing price for Hummingbird was 27.25p.
Hummingbird has a 4 week average price of 26.25p and a 12 week average price of 23.25p.
The 1 year high share price is 30p while the 1 year low share price is currently 16p.
There are currently 343,241,250 shares in issue and the average daily traded volume is 877,842 shares. The market capitalisation of Hummingbird is £93,104,189.06.
16/6/2017
17:23
bookwormrobert: The recent annual report (see Hummingbird's website) is highly recommended reading. Here (again) is a key section from the annual report; it nicely summarises the case for this share. Trading Performance, Share Price & Value During the period Hummingbird's share price rose from 12.5p to 18p, and post period end achieved highs of up to 27p. We issued 236,288,781 new shares in return for US$76m. Based on this capital structure and looking forward to our first year of full scale production, this marks Hummingbird out as the standout gold developer trading in the public markets. It is trading on 1.26 times projected free cash flow for the first full year of production against an industry average which can range anywhere from 15-25 times. In the first full year of production, cash flow per share will be 20p. This assessment of Hummingbird's exceptional position in the market does not take our 4.2Moz Dugbe gold project in Liberia into account. Broker Cantor Fitzgerald has suggested that this project could offer significant further upside and add a further 14p in value. It is with this in mind that I firmly believe that Hummingbird is due a re-rating in the market as it evolves into a profitable mining company and delivers the significant free cash flow highlighted in our DFS.
16/6/2017
09:24
ukgeorge: Thanks for the other gold plays to take a look at.Hum are at one of the riskiest periods of development and that is imo why the share price is lagging. When we are in commercial production we can expect a 're rating. Until then there is still the risk that they need to raise more capital. Roll on production
15/6/2017
15:08
goneawol: I think you may have misread... . "The balance of the funding requirement required for construction and to repay the outstanding bridge facility with Taurus Mining Finance Fund LP is expected to be obtained from an appropriate debt facility. In addition, certain potential contractors have expressed an interest in providing vendor financing to the Yanfolila Project. The Company is in discussions with potential debt providers and contractors as it seeks to optimise the overall funding arrangements and will update the market at the appropriate time." Http://uk.advfn.com/stock-market/london/hummingbird-HUM/share-news/Hummingbird-Resources-PLC-Raises-67M-to-commence/71638728 "Broker Beaufort said: "Financing will be completed with a debt facility, but finding the equity component was the greater challenge and we understand Hummingbird is in advanced discussions with several debt providers." [...]
12/6/2017
08:25
charles clore: gilotron - that article by Peter Arendas, written in October 2016 is very succincly summarised as follows: Summary Hummingbird's fully financed Yanfolila gold mine should get into production by the end of 2017. The bigger Dugbe mine could be up and running by 2020. The ongoing DFS should improve the economics of the Dugbe mine notably. The share markets should start to re-rate Hummingbird from an explorer to a producer in the second half of 2017. Hummingbird's share price has the potential to grow by more than 500% by 2020, even if the current gold price prevails. ...ends As far as I can everything is on track. A 5 bagger by 2020 sounds pretty good to me.
08/6/2017
09:17
mirabeau: Takeover or partial from ASO? : thanks to Stevie Blunder on the ASO thread and then today's Shares mag with a buy rec on ASO: 'Stevie Blunder 3 Jun '17 - 10:32 - 75 of 78 2 0 I had missed this interview with the CFO from 11 May https://www.brrmedia.co.uk/broadcasts/591422c1acf7373d40e38916/avesoro-resources-q1-2017-financial-results Worth a listen, he talks as if he is also speaking on behalf of Avesoro Holdings the vehicle which holds the Avesoro Resources shares for the Turkish owners. "considering ...options for consolidating further assets. Avesoro Holdings have mining assets that are outside of the public company at the moment and looking at possible options for adding some of that into the public company and more broadly looking at M&A options.... build ready targets where we can build our construction capability to bear.......... Currently across Avesoro Holdings production will be 250K oz and we are looking to grow that within the public company to around 500k oz within a couple of years......." It occurs to me that they might be talking to Hummingbird who have the Dugbe deposit in Liberia with a 4.2Moz resource and which is more or less build ready.' - Shares mag: Gold miner is fixed and ready to roar Avesoro Resources is starting to look really interesting after sorting out problems 08 June 2017 Issue: 08 Jun 2017 - Page 13 Gold miner Avesoro Resources (ASO:AIM) appears to have fixed its operational and financial pressures and now has an ambition to run a series of mines producing a combined 500,000 ounces of gold a year. Buy the shares before the broader market cottons on to the rebirth of the business and its growth potential. Remember Aureus mining? You may be more familiar with the stock under its previous name of Aureus Mining. The company enjoyed success with gold exploration and attracted widespread investor interest as it developed the New Liberty mine in Liberia. Unfortunately the company encountered financial and operational problems as it moved into the production phase. Setbacks ultimately damaged the share price. Turkish group MNG Gold pounced on the opportunity to invest at a low level and bailed out Aureus with a $30m investment in exchange for 55% of the company. A further $60m investment took MNG’s position to 76.6%. This financial injection helped the small cap to end an unfavourable agreement with a mining contractor, pay down a number of creditors and buy equipment. Significant equity dilution was the price long-standing shareholders had to pay to keep the business afloat. The company now has a heavyweight backer and chairman in the form of Mehmet Gunal, the founder of MNG Gold (now called Avesoro Holdings) and owner of Turkish infrastructure conglomerate MNG Group. The first of several deals? Avesoro is in talks to acquire two of MNG’s three gold mines, being Youga and Balogo in Burkina Faso. It also hopes to buy another ‘build-ready’ gold project in the next year or so. MNG already had plans to have a listed gold business, so using Avesoro as the quoted vehicle makes more sense given it is already on the stock market. Youga and Balogo are expected to produce between 100,000 and 110,000 ounces of gold this year. In contrast, New Liberty is forecast to produce 90,000 to 100,000 ounces in the same period. Share price catalysts Second quarter results in August may not be outstanding as the company is still making improvements to New Liberty. We’re told the third quarter results should show healthier cash flow. Investors may have to be patient as the broader market may want to see a few more quarters of solid production before turning positive on the stock. Avesoro is confident it can reduce operating costs below the original plan for New Liberty. A revised life of mine plan in late 2017 will enable analysts to update their financial models and hopefully put a much higher valuation on the business. (DC) Avesoro Resources (ASO:AIM) 2.7p Stop loss: 1.5p Market value: £143.8m
07/6/2017
16:44
bookwormrobert: I just thought it would be worth posting this key paragraph from the recent annual report: Trading Performance, Share Price & Value During the period Hummingbird's share price rose from 12.5p to 18p, and post period end achieved highs of up to 27p. We issued 236,288,781 new shares in return for US$76m. Based on this capital structure and looking forward to our first year of full scale production, this marks Hummingbird out as the standout gold developer trading in the public markets. It is trading on 1.26 times projected free cash flow for the first full year of production against an industry average which can range anywhere from 15-25 times. In the first full year of production, cash flow per share will be 20p. This assessment of Hummingbird's exceptional position in the market does not take our 4.2Moz Dugbe gold project in Liberia into account. Broker Cantor Fitzgerald has suggested that this project could offer significant further upside and add a further 14p in value. It is with this in mind that I firmly believe that Hummingbird is due a re-rating in the market as it evolves into a profitable mining company and delivers the significant free cash flow highlighted in our DFS.
20/5/2017
14:16
rileyma: Courtesy of ricky on lse,,, I emailed HUM for an update and asked them also about Dividend potential and valuation - response was ''In brief though yes we are very undervalued. We are trading at perhaps 1.3x free cash flow and should be, when in production, anywhere from 5-15x free cash flow. The market has been increasingly sceptical of companies in construction and think that is the reason for a delayed re-rate. I can assure you though we are on budget and time and very pleased with progress. WRT a dividend it is under constant review along with a policy of share buy backs for the same reason. Until we are in cash flow and fully up and running it is something we need to keep a watching brief on really. We are though in a strong position. Year end cash of US$54m and we are now c70% complete on the project.'' I also had a call from the senior employee who was very bullish about the potential for the share price and he stated the results are out in the next couple of weeks after which he expected Directors and senior employees to be making purchases (they are obviously in a Close period currently) I will be buying more.
27/4/2017
13:28
new_buyer: For the new investors out here can anyone put what the Glenwick deal means to Hummingbird in laymans terms? Will it influence the share price or just be a separate investment for HUM? Any light that can be shed on this would be appreciated.
25/4/2017
02:42
noirua: The loan book is a drag on the HUM share price as well as waiting to late 2017 for the first gold dore pour. There is a bottom reversal signal on the candlestick chart which is encouraging. HUM however has been reluctant to move out of the near 12 month sideways movement positively.
16/11/2016
20:09
bsharman3: Isn't it ironic that the HUM share price doesn't rise when the gold price rises but falls when the gold price falls..
Hummingbird share price data is direct from the London Stock Exchange
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