Hummingbird Resources Ltd 98.6% Potential Upside Indicated by Berenberg

Broker Ratings
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Hummingbird Resources Ltd with EPIC/TICKER (LON:HUM) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Hummingbird Resources Ltd are listed in the Basic Materials sector within AIM. Berenberg have set a target price of 44 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 98.6% from today’s opening price of 22.15 GBX. Over the last 30 and 90 trading days the company share price has increased 1.65 points and decreased 1.85 points respectively. The 52 week high for the stock is 29.49 GBX while the 52 week low is 12.47 GBX.

Hummingbird Resources Ltd has a 50 day moving average of 21.65 GBX and a 200 Day Moving Average share price is recorded at 21.03. There are currently 589,552,585 shares in issue with the average daily volume traded being 1,021,166. Market capitalisation for LON:HUM is £78,268,484 GBP.

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