Hummingbird Resources plunges after discounted placing
17th Jun 2015 10:11
Gold explorer Hummingbird Resources fell 8% on Wednesday after the company said it raised about £3.5m in a discounted share placing. Hummingbird placed 10.6m shares at 33p each and said the funds will be used primarily to advance its Yanfolila gold project in Mali to near-term production and for wor
Read moreHummingbird Resources increases its losses as Ebola affects its operations in Liberia
17th Oct 2014 15:28
Hummingbird Resources, a gold exploration company which operates in Mali and Liberia, saw its losses widen as it had to put its project in Liberia on hold due to the Ebola outbreak. The company did not generate any revenues during the year ended 31 May 2014, but it said it will not "sit and lick our
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreMonday broker round-up
6th Oct 2014 10:05
Asos: UBS ups target price from 4000p to 4050p and stays with its buy recommendation. Cranswick: Numis cuts target price from 1326p to 1296p and keeps a hold recommendation. Dunelm Group: Citi reduces target price from 930p to 870p downgrading to neutral. easyJet: Citi ups target price from 1600p
Read moreHummingbird Resources secures funding for Mali project
11th Aug 2014 16:00
West Africa-focused gold miner Hummingbird Resources has said it will be able to fund the construction of the Yanfolila project in Mali with a two-phase debt facility worth $75m. The agreement, reached with Taurus Mining Finance Fund on Monday, will help development of the asset - which is targetin
Read moreWednesday broker round-up UPDATE
12th Mar 2014 09:03
Ashtead Group: Citi raises target price from 850p to 1075p keeping a buy recommendation. Barratt Developments: Goldman Sachs reduces target price from 527p to 502p and downgrades to neutral. British Land: Jefferies downgrades to hold with a target price of 707p. Brooks Macdonald Group: Canaccord
Read moreEntertainment One exec sells 1.8m pounds of shares
9th Dec 2013 16:18
Patrice Theroux, President of the Film division of Entertainment One has sold nearly 1.8m pounds-worth of shares in the company via two separate transactions, it announced on Monday. Theroux disposed of 665,462 at a price of 240.1p on December 5th and offloaded a further 75,000 at 240p the followin
Read moreHummingbird Resources shares rise on promising drilling results
9th Aug 2013 09:03
Shares in Hummingbird Resources flew higher after it said results from its recent drilling programme at the Dugbe 1 project were promising. The Aim-listed Liberian gold developer said results from a further 15 holes in its latest drilling programme continued to support the overall grade of the depo
Read moreAFC Energy non-exec buys shares from major investor
29th Apr 2013 15:37
AFC Energy has announced that one of its Non-Executive Directors has purchased 9.51m ordinary shares in the company at 26p each. Eugene Shvidler bought the shares, worth a total of £2.47m, from Ervington Investments, which reduced its stake in the group to 24.1m, equivalent to 10.88% of AFC's issu
Read more