ADVFN Logo

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 default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

HUM Hummingbird Resources Plc

5.40
-0.30 (-5.26%)
Last Updated: 14:00:54
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
  -0.30 -5.26% 5.40 5.00 5.80 5.45 4.75 4.75 1,426,851 14:00:54
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 150.52M -34.28M -0.0569 -0.95 32.5M
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 5.70p. Over the last year, Hummingbird Resources shares have traded in a share price range of 4.10p to 20.25p.

Hummingbird Resources currently has 601,918,700 shares in issue. The market capitalisation of Hummingbird Resources is £32.50 million. Hummingbird Resources has a price to earnings ratio (PE ratio) of -0.95.

Hummingbird Resources Share Discussion Threads

Showing 14901 to 14922 of 26675 messages
Chat Pages: Latest  599  598  597  596  595  594  593  592  591  590  589  588  Older
DateSubjectAuthorDiscuss
06/4/2021
17:17
Another 1% reduction from January to April from SC, if we assume they are clearing and continue to sell down at this pace the downward pressure could persist for 2021, we should get an indication when/if they dip under 3% but then it is anyones guess as disclosures are not mandatory after...

27-30,000 ounces for Q1 and a reduced AISC should/could present a fundamentals signal and an share price reversal against the SC selling backdrop and a buying opportunity..

Q4-2020 was 7, 7 and 8 Koz for December..
Q1-2021 ..? 8, 9 and 10 for March...?

laurence llewelyn binliner
06/4/2021
16:23
It does look like they are filling in the forms wrong rather than buying back in, but it explains the downward pressure on the stock.
johnhemming
06/4/2021
16:00
Actually SC have reduced further from the announcement on the 8th January, crossing the 4 % level. They are still sellers and have a maximum of 14 M shares still to sell if they intend to completely exit.
polaris
06/4/2021
15:13
Sustainable Capital bought back in.
dickbush
06/4/2021
15:05
Well not long to wait anyway, it bodes well that peoples expectations are relatively moot. It sets a low bar to beat ;-P
plat hunter
06/4/2021
13:07
#DB, on AISC, our CEO recently spelled out the company do not expect to get costs back under 1000/Oz until Kouroussa is up and running, as it is forecast to be a lower cost mining operation, the average of the 2 mines should then be sub 1000...

Looking forward to the Q1 and seeing just how much progress we have made from Q4, and the near 1500 AISC reported ...

laurence llewelyn binliner
06/4/2021
12:44
FWIW, I listened to Stephen Roach on Bloomberg Radio this morning. He was definitely one of the better Wall Street economists back in the day. He thinks the current rebound in the Dollar will peter out this year.
dickbush
06/4/2021
12:12
I know you wasn't Lowt :-P
plat hunter
06/4/2021
11:50
Kudos for your cajones.
dickbush
06/4/2021
09:29
Lowtrawler

HUM is only a high cost producer if it is producing 20-24,000 oz/qtr. If/when it gets back to producing 30,000-plus ounces it should be back to an AISC of $1,000/oz or less. I'm hopeful we will see something like that in the 4th qtr. Meanwhile we have only HUM'S drilling results, Pasofino's news flow and Bunker Hill's news flow to keep us warm.

dickbush
06/4/2021
09:03
Don't agree that HUM is a high cost producer at all, quite the contrary in fact. Many gold producers would be loss making at Yanfolila.HUM's earning yield is twice CEY's on quite literally half of the grade.
plat hunter
06/4/2021
08:26
As you know, I'm a relatively recent arrival here and recognised the challenges on making my investment. The current low valuation continues to reflect perceptions of poor corporate governance and management. It also reflects the riskier political situation in Mali and the fact we are a high cost producer. I believe that the risks do warrant a discount compared to other junior miners but at 2x operating profit, I think the discount has gone too far.

Due to being a high cost producer, we will benefit disproportionately to any improvement in the gold price (we will also hurt disproportionately to any fall). I still expect gold to bounce this year and I also expect some of the excessive discount to unwind. The combination of these 2 events I am hoping will take us back over 40p.

lowtrawler
06/4/2021
08:15
Plat



Issuing circa 120 mil shares at C7cents according to the circular.

A few unknowns, like where the share price will end up after the new shares are issued. Assuming they end up at C8c, VEIN's MV would be just under £20mil ex dilution. So, circa £20mil for HUM's 51%.

LOL but if VEIN could talk the share price back up to last year's peak (C40c), the MV would be circa £100mil. Those were days!

dickbush
06/4/2021
08:12
It should be fair to deduct £19m from our market capitalisation to identify the value placed on our other operations, outside Dugbe. That gives our other operations a market capitalisation of around £56m. Even with the poor end to last year, we can expect operating profits of close to £30m and so we are on a ratio of 2x operating profits + Dugbe.
lowtrawler
06/4/2021
07:59
Deducting the negotiated proceeds for the Roger project, it values Pasofino at a little under £19m which solely relates to their 49% stake in Dugbe.
lowtrawler
06/4/2021
07:18
So, Pasofino's only asset will be its 49% ownership of Dugbe. Once its share price has settled down after the new issue of shares, we can put a value on HUM's 51%.
dickbush
06/4/2021
06:08
and a nice nod towards the prospects of Dugbe
=============

For Pasofino Gold, this sale allows us to fully focus on our core Dugbe Gold Project in Liberia where we are busy with the feasibility study that is expected to complete by year-end.

temujiin
06/4/2021
06:00
It's been a busy April at Pasofino.
dickbush
05/4/2021
23:31
Punters with facts, figures and calculated projections have been coming and going now for years and up to now they have ALL been wrong. They spout their garbage for a few months and then fade into obscurity. But I guess you, BushyTailed, Tones77777 (to mention the latest two recent pundits) are different some how? Dream on Plonker.
borderterrier1
05/4/2021
23:02
How very specific.You surprise me with your insight bravo... "again again"
plat hunter
05/4/2021
22:12
SP half as much now as it was 5 years ago? What don't you understand?
borderterrier1
05/4/2021
21:56
Specifically, he’s been right about a lot more than you
:D

jbravo2
Chat Pages: Latest  599  598  597  596  595  594  593  592  591  590  589  588  Older

Your Recent History

Delayed Upgrade Clock