Analyst Price Target is GBX 17
▲ +544.92% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Hummingbird Resources in the last 3 months. The average price target is GBX 17, with a high forecast of GBX 17 and a low forecast of GBX 17. The average price target represents a 544.92% upside from the last price of GBX 2.64.
Current Consensus is
Buy
The current consensus among 1 investment analysts is to buy stock in Hummingbird Resources. This rating has held steady since September 2023, when it changed from a Hold consensus rating.
Hummingbird Resources plc (AIM: HUM) is a leading multi-asset, multi-jurisdiction gold producing Company, member of the World Gold Council and founding member of Single Mine Origin (www.singlemineorigin.com). The Company currently has two core gold projects, the operational Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea, which will more than double current gold production once at commercial production.
Further, the Company has a controlling interest in the Dugbe Gold Project in Liberia that is being developed by joint venture partners, Pasofino Gold Limited. The final feasibility results on Dugbe showcase 2.76Moz in Reserves and strong economics such as a 3.5-year capex payback period once in production, and a 14-year life of mine at a low AISC profile. Our vision is to continue to grow our asset base, producing profitable ounces, while central to all we do being our Environmental, Social & Governance ("ESG") policies and practices.
Read More
