Subscribe Now   -   Standard: only $199 per year   or   Premium: only $299 per year  -   Click Here

Hummingbird Resources Ltd

www: www.hummingbirdresources.co.uk   email: enquiries@hummingbirdresources.co.uk
Category: Mid-tier Producer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
LON:HUM GBX
OTCMKTS:HUMRF USD

Description

Hummingbird Resources Ltd are a gold focused mid-tier producer with two mines in development in Liberia and Mali and one exploration property. They have approximately 4.2Moz. of gold in the reserves and resources category of which 3Moz. are in the measured and indicated category. They have a market capitalisation of ~$82.75M which is a fall of roughly 21% over the last five months. As of 05/01/2023 they have ~$120M debt and ~$9M cash. They have 601M shares outstanding and trade on the London Stock Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 05/01/2023
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
MCap (FD): $104.16M $82.75M 05/01/2023 $-21.41M
Total Assets: $300.00M $300.00M 05/01/2023 $0.00M
Total Liabilities: $232.00M $232.00M 05/01/2023 $0.00M
Current Assets: $30.00M $30.00M 05/01/2023 $0.00M
Current Liabilities: $78.00M $78.00M 05/01/2023 $0.00M
Total Debt: $120.00M $120.00M 05/01/2023 $0.00M
Cash: $9.00M $9.00M 05/01/2023 $0.00M
Enterprise Value: $215.16M $193.75M 02/21/1976 $-21.41M
Cash Flow: $43.37M $34.78M never $-8.60M
Cash Flow Multiple: 2.40 2.38 never -0.02
Net Debt to
Cash Flow Ratio:		 2.56 3.19 never 0.63
Finance within 1 year: 05/01/2023 n/a
Misc 05/01/2023
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 601,000,000 601,000,000 05/01/2023 0
Shares (FD): 608,000,000 608,000,000 05/01/2023 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2018 05/01/2023 n/a
Production (Gold Eq Oz.): (guess) 
90,000		 (guess) 
90,000		 05/01/2023 0
Production (Silver Eq Oz.): (guess) 
7,152,005		 (guess) 
7,515,538		 05/01/2023 363,533
Initial CapEx (Outstanding): $80.00M
76.8% of MCap		 $80.00M
96.68% of MCap 		05/01/2023 $0.00M
Funding Option: n/a n/a 05/01/2023 n/a
Documentation: none PRODUCER 05/01/2023 n/a
Future MCap Modifier: 0.15
Producer: Average
 0.15
Producer: Average
 04/24/2023 0
Cash Flow Multiplier: 8 8 04/13/2023 0.00

Resource Data

GOLD 05/01/2023
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 1.00M 1.00M 05/01/2023 0.00M
Measured & Indicated: 3.00M 3.00M 05/01/2023 0.00M
Inferred: 1.20M 1.20M 05/01/2023 0.00M
Reserves & Resources: 4.20M 4.20M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.90M 0.90M 05/01/2023 0.00M
Measured & Indicated: 2.34M 2.34M 05/01/2023 0.00M
Inferred: 0.54M 0.54M 05/01/2023 0.00M
Reserves & Resources: 2.88M 2.88M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
90,000oz.		 (guess) 
90,000oz.		 05/01/2023 0oz.
Cash Cost: $1,000 $1,000 05/01/2023 $0.00
Extra Operating Cost: $500 $500 05/01/2023 $0.00
Average Grade: 2.00 g/t 2.00 g/t 05/01/2023 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 05/01/2023 0.00%
F
U
T
U
R
E		 Proven & Probable: 3.00M 3.00M 05/01/2023 0.00M
Annual Production: 200,000oz. 200,000oz. 05/01/2023 0oz.
Cash Cost: $1,100 $1,100 05/01/2023 $0
Extra Operating Cost: $500 $500 05/01/2023 $0
SILVER 05/01/2023
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 05/01/2023 0.00M
Measured & Indicated: n/a n/a 05/01/2023 0.00M
Inferred: n/a n/a 05/01/2023 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 05/01/2023 0.00M
Measured & Indicated: n/a n/a 05/01/2023 0.00M
Inferred: n/a n/a 05/01/2023 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/01/2023 $0.00
Extra Operating Cost: n/a n/a 05/01/2023 $0.00
Average Grade: n/a n/a 05/01/2023 n/a
Recovery Rate: n/a n/a 05/01/2023 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 05/01/2023 0.00M
Annual Production: n/a n/a 05/01/2023 n/a
Cash Cost: n/a n/a 05/01/2023 n/a
Extra Operating Cost: n/a n/a 05/01/2023 n/a

Property

Last Analysis Data  (05/01/2023)
Stage Name Owned Au Ag Cu Notes
Exp Kouroussa 100% show
1.2 million oz at 3 gpt
Dev Dugbe 50% show
4 million oz open pit project.

$212 million capex

Feasibility study in 2014

1 million acres. 140 targets.
Dev Yanfolila 80% show
Construction begins in 2015.

1.8 million oz at 2.5 gpt.

Very economic.
Total Land Package Size (ha): 270,000  
Current Data
Stage Name Owned Au Ag Cu Notes
Exp Kouroussa 100% show
1.2 million oz at 3 gpt
Dev Dugbe 50% show
4 million oz open pit project.

$212 million capex

Feasibility study in 2014

1 million acres. 140 targets.
Dev Yanfolila 80% show
Construction begins in 2015.

1.8 million oz at 2.5 gpt.

Very economic.
Total Land Package Size (ha): 270,000  

Profitability (by resource)

Proven &
Probable		 05/01/2023
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.00M 1.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 4.04M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.90M 0.90M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 3.64M
Maximum Profit (Gold): $433.71M $347.76M n/a $-85.95M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $433.71M $347.76M n/a $-85.95M
Max Profit / Current MCap: 4.164 4.203 n/a 0.039
Max Profit Per Share (Gold): $0.71 $0.57 n/a $-0.14
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.71 $0.57 n/a $-0.14
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD MCap / Gold Eq.: $115.74 $91.94 n/a $-23.79
FD MCap / Silver Eq.: $1.46 $1.10 n/a $-0.36
FD MCap / Per Metal
as % Spot Price:		 5.84% 4.87% n/a -0.97%
Measured &
Indicated		 05/01/2023
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 3.00M 3.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 12.12M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 2.34M 2.34M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 9.45M
Maximum Profit (Gold): $1,127.65M $904.18M n/a $-223.47M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,127.65M $904.18M n/a $-223.47M
Max Profit / Current MCap: 10.826 10.927 n/a 0.101
Max Profit Per Share (Gold): $1.85 $1.49 n/a $-0.37
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.85 $1.49 n/a $-0.37
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD MCap / Gold Eq.: $44.51 $35.36 n/a $-9.15
FD MCap / Silver Eq.: $0.56 $0.42 n/a $-0.14
FD MCap / Per Metal
as % Spot Price:		 2.25% 1.87% n/a -0.37%

Reserves &
Resources		 05/01/2023
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 4.20M 4.20M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 16.96M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 2.88M 2.88M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 11.63M
Maximum Profit (Gold): $1,387.87M $1,112.83M n/a $-275.04M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,387.87M $1,112.83M n/a $-275.04M
Max Profit / Current MCap: 13.324 13.448 n/a 0.124
Max Profit Per Share (Gold): $2.28 $1.83 n/a $-0.45
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.28 $1.83 n/a $-0.45
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD MCap / Gold Eq.: $36.17 $28.73 n/a $-7.44
FD MCap / Silver Eq.: $0.46 $0.34 n/a $-0.11
FD MCap / Per Metal
as % Spot Price:		 1.82% 1.52% n/a -0.30%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×