ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

HUM Hummingbird Resources Plc

8.50
-0.50 (-5.56%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hummingbird Resources Plc 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
  -0.50 -5.56% 8.50 8.00 9.00 9.00 8.20 9.00 1,884,435 16:24:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 150.52M -34.28M -0.0569 -1.49 51.16M
Hummingbird Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker HUM. The last closing price for Hummingbird Resources was 9p. Over the last year, Hummingbird Resources shares have traded in a share price range of 4.10p to 16.45p.

Hummingbird Resources currently has 601,918,700 shares in issue. The market capitalisation of Hummingbird Resources is £51.16 million. Hummingbird Resources has a price to earnings ratio (PE ratio) of -1.49.

Hummingbird Resources Share Discussion Threads

Showing 3801 to 3825 of 27775 messages
Chat Pages: Latest  163  162  161  160  159  158  157  156  155  154  153  152  Older
DateSubjectAuthorDiscuss
19/7/2018
10:23
re Dugbe "Constantly in dialogue with a number of parties" and ongoing
jimbowen30
19/7/2018
10:22
Dan says he is committed, (he didnt like his commitment being questioned)
zeberdie
19/7/2018
10:21
Management buys. Dan not buying because he couldnt sell them without damaging share price he has bought all the way down.
zeberdie
19/7/2018
10:21
Dan not buying any shares in the market..... no sh1t when you get options at 1p......
ukgeorge
19/7/2018
10:20
Taken quite a fall, hope its upwards from here update today encouraging, now a producer too with a gold price that is ready to bounce.
edjge2
19/7/2018
10:19
Not needing Financing in the short term
zeberdie
19/7/2018
10:18
Not comiting to buyback at this stage.
zeberdie
19/7/2018
10:16
Cora, waiting drilling results. looking promising
zeberdie
19/7/2018
10:16
Asic 790 in line with forcast. Looking to sustain that number. Fuel price , $50oz .
zeberdie
19/7/2018
10:14
Can we finally bring home the true value of this company. Extremely positive next Quarter.
winning_analysis
19/7/2018
10:13
Head grade good in H1. H2 they expect grade to stay good..
zeberdie
19/7/2018
10:12
Bunker, would rather wait off before they had announced , the team needs to look at it, DD
zeberdie
19/7/2018
10:10
Costings inline for budget with crusher but ball mill will be more. But a better recovery from ball mill. he never answered about the cost.
zeberdie
19/7/2018
10:09
This is just the start of things to come with introducing a possible 3rd crusher or 2nd mill!
winning_analysis
19/7/2018
10:09
oxide ,harder ore coming later in the year.
zeberdie
19/7/2018
10:08
deciding on 2nd ball mill or 3rd crusher.
zeberdie
19/7/2018
10:07
Wet season managing ok. some heavy rain , taking care with ore being introduced. learning from some minor mistakes. But they seem happy.
zeberdie
19/7/2018
10:05
Can u give us a bit of a running commentary
Plz?
Unable to participate
Thanks

rileyma
19/7/2018
10:01
They are saying that the result clearly show that we are now a commercial company.
winning_analysis
19/7/2018
10:00
Conference is a go!
winning_analysis
19/7/2018
09:54
HUMming to this audio track on the conference:

Hummingbird analyst and investor call today at 10:00am.

UK Toll Free: 0800 358 9473

UK Toll: +44 3333 000 804

PIN: 64891530#

winning_analysis
19/7/2018
09:50
CC,

re update to my valuation table:

No, I need the financial report.

It may well be another month or so for the interim.

Chip

chipperfrd
19/7/2018
09:32
UK George - we are on a winner here long term, so short term moves are irrelevant to me. Recovery rates are fantastic too and I'm sure YF can produce more than 130k oz pa. Next up, let's increase those reserves at YF and wait for news on Dugbe. I'll be on the conference call at 10am.
jimbowen30
19/7/2018
09:23
Note from the their house broker this morning


Production beats on consistent run rate through 2Q18

Hummingbird Resources (HUM) today reported 2Q18 production of 33.1k oz, a solid 16% above CGe of 28.5k oz. Hummingbird also managed to sell an additional 5.5k oz with total gold sold for the quarter at 38.7k oz, over 30% above our forecast. Throughput was strong for the quarter with ore processed reported at 288kt, some 15% above our forecast of 250kt. Average head grade also came out to 3.43g/t, just 2% below our forecast of 3.5g/t. The mill grade at the end of 1Q18 was also around 3.4g/t, showing a sustainable higher feed grade to the plant over a four-month period. Guidance for the year remains at 105-115k oz vs CGe of 111k oz.

Recovery rates running consistently high at the process plant

Besides demonstrating a high throughput level and grade performance through the 2Q18 period, HUM also demonstrated that it can maintain a high level of plant output via consistently high recovery rates. The company reported 2Q18 recoveries of 95.2%after fairly consistently hitting the ~96 level throughout all of 1Q18. We have forecast recoveries only at the ~92% level for the 6-7 year LOM.

Costs already down at the sub-US$800/oz level

For the first full quarter of production, HUM has reported an all in sustainable cost (AISC)of US$790/oz, a significant 7% below our US$851/oz forecast for the whole of 1H18. The 2Q18 AISC is even below our full-year costs forecast of US$798/oz. With an average realised gold price of US$1,307/oz during the period, HUM has managed to deliver an over US$500/oz margin in the first quarter of full production. An impressive cost result leading the excess free cash in 1H18 beyond our forecasts.

Cash in bank comes in strong at US$46m

HUM also reported a cash balance of US$46m, over 20% above our forecast of US$37m at the half-year stage and up from just US$28m at the 1Q18 stage this year. With the company in FCF positive territory by early 2Q18 and debt repayments having already started in the May/June time frame, the company has managed to deliver sizeable cash balance gains. This leaves net debt at just US$15.6m at the half-year stage, below our US$18m forecast. All in, 2Q18 has proved to be a great first quarter of full production from both an operational and financial perspective.

brucey6onus
19/7/2018
09:16
Rick, looks like a knocking bet they have already decided. Production sailing along and now time for a couple of Bolt ons. Im wondering what extra we will get 10 20 30%
zeberdie
Chat Pages: Latest  163  162  161  160  159  158  157  156  155  154  153  152  Older

Your Recent History

Delayed Upgrade Clock