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Pin to quick picksHummingbird Resources Share News (HUM)

Share Price Information for Hummingbird Resources (HUM)

London Stock Exchange
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Share Price: 8.60
Bid: 8.20
Ask: 9.00
Change: -0.10 (-1.15%)
Spread: 0.80 (9.756%)
Open: 8.70
High: 8.70
Low: 8.15
Prev. Close: 8.70
HUM Live PriceLast checked at -

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Director dealings: Hummingbird Resources CEO ups stake

Wed, 04th Mar 2020 15:51

(Sharecast News) - Hummingbird Resources revealed on Wednesday that chief executive Daniel Betts had purchased 100,000 ordinary shares in the AIM-listed gold mining firm.
Betts, who founded Hummingbird back in 2005, acquired the shares on Tuesday at an average price of 2,519.00p each, for a total value of ?2.51m.

Back in February, analysts at Berenberg upped their target price on Hummingbird Resources from 38.0p to 44.0p after the group's updated five-year mine plan and guidance for 2020 which had confirmed the business' strategy and focus.

Berenberg said 2020 was set to be "a pivotal year" for Hummingbird, as rapid deleveraging continued and its transition to a net cash position was expected to take shape.

As of 1640 GMT, Hummingbird shares were up 4.08% at ?2,550p.

Top Director Buys

Hummingbird Resources (HUM)
Director name: Betts,Daniel E.
Amount purchased: 100,000 @ 2,519.00p
Value: ?2,519,000.05

Wizz Air Holdings (WIZZ)
Director name: Eccleston,Barry
Amount purchased: 2,500 @ 3,414.47p
Value: ?85,361.75

Loungers (LGRS)
Director name: Reilley,Alex
Amount purchased: 40,000 @ 212.50p
Value: ?85,000.00

St. Modwen Properties (SMP)
Director name: Hudson ,Robert
Amount purchased: 17,012 @ 481.00p
Value: ?81,827.72

Berkeley Group Holdings (the) (BKG)
Director name: Vernon ,Peter
Amount purchased: 1,391 @ 4,789.00p
Value: ?66,614.99

Wpp (WPP)
Director name: Whitbread,Jasmine
Amount purchased: 3,330 @ 741.85p
Value: ?24,703.60

Keller Group (KLR)
Director name: Porritt,Kerry
Amount purchased: 623 @ 794.52p
Value: ?4,949.86

Ultra Electronics Holdings (ULE)
Director name: Pryce,Simon
Amount purchased: 8 @ 1,918.35p
Value: ?153.47

Ultra Electronics Holdings (ULE)
Director name: Sclater,Jos
Amount purchased: 8 @ 1,918.35p
Value: ?153.47



Top Director Sells

Wizz Air Holdings (WIZZ)
Director name: Franke,William
Amount sold: 9,560,406 @ 4,015.00p
Value: ?383,850,315.49

Wizz Air Holdings (WIZZ)
Director name: Franke,William
Amount sold: 2,892,894 @ 4,015.00p
Value: ?116,149,698.51

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Hummingbird announces restart at Kouroussa

(Sharecast News) - Hummingbird Resources announced the remobilization of Corica Mining Services at the Kouroussa Gold Mine in Guinea on Friday, after a work stoppage on March 17.

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Hummingbird shares up as contractor resumes activity at Kouroussa mine

(Alliance News) - Shares in Hummingbird Resources PLC rose on Friday, after the company said operations had resumed at its Guinea gold mine following a two-month strike by its primary contractor.

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IN BRIEF: Hummingbird issues step-in notice regarding Kouroussa mine

Hummingbird Resources PLC - gold producer with operations in Mali, Guinea and Liberia - Says continued to engage with Ivory Coast-based Corica Mining Services, which had suspended mining activities on March 17, citing contractual disputes. Back then, Corica cited claims regarding unpaid invoices to Hummingbird totaling about USD27 million for work completed at Kouroussa mine in Guinea, which Hummingbird rejected. Hummingbird on Tuesday said it issued a step-in notice which allows it to take management control and issue instructions to Corica. Meanwhile, the discussions about Kouroussa, which Hummingbird calls constructive, have the aim to ramp up operations under the existing mining contract between the two companies. Hummingbird says it is progressing with the restart and ramp up of mining activities at the mine. Further, it notes that operations at the mine have continued with the processing plant operating at the expected levels with mining via an existing support mining fleet.

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UPDATE: Hummingbird hits back at Corica over Kouroussa pact dispute

(Alliance News) - Hummingbird Resources PLC on Wednesday refuted claims of a contract breach from Corica Mining Services, regarding the suspension of services at the Kouroussa gold mine.

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20 Mar 2024 12:25

Hummingbird shares plunge as Corica fires back in contract dispute

(Alliance News) - Corica Mining Services on Wednesday accused Hummingbird Resources PLC of "substantial breaches" of contract, including failure to pay for its work at the Kouroussa gold mine.

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18 Mar 2024 11:50

IN BRIEF: Hummingbird shares plummet amid Kouroussa contract dispute

Hummingbird Resources PLC - gold producer with operations in Mali, Guinea and Liberia - Says the principal contract miner at its Kouroussa gold mine in Guinea has suspended mining operations due to "various contractual disputes". Hummingbird calls the action by Corica Mining Services "a clear breach of the mining contract", and alleges that Corica "has failed to meet mining contract volumes due to delays in mining equipment mobilisation, commissioning, and overall operating performance". Hummingbird has issued a notice to Corica, demanding that it resumes mining by Tuesday. Should it fail to do so, the company says it may step in to resume mining operations in its place, or work with alternative contractors and equipment suppliers.

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Hummingbird Resources raises a further GBP270,000 through open offer

(Alliance News) - Hummingbird Resources PLC on Wednesday said it has raised GBP270,000 through an open offer.

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