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Hummingbird Resources Ltd 1.4% Potential Upside Indicated by Berenberg

Hummingbird Resources Ltd with EPIC/TICKER (LON:HUM) has had its stock rating noted as ‘Initiates/Starts’ 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 their target price at 35 GBX on its stock. This is indicating the analyst believes there is a potential upside of 1.4% from today’s opening price of 34.5 GBX. Over the last 30 and 90 trading days the company share price has increased 12.5 points and increased 16.05 points respectively. The 1 year high share price is 40 GBX while the 52 week low is 0.39 GBX.

Hummingbird Resources Ltd has a 50 day moving average of 23.72 GBX and the 200 Day Moving Average price is recorded at 21.03. There are currently 342,294,925 shares in issue with the average daily volume traded being 626,391. Market capitalisation for LON:HUM is £121,172,409 GBP.