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Equities researchers at Cantor Fitzgerald Europe started coverage on shares of Hummingbird Resources Ltd (LON:HUM) in a research report issued on Tuesday, Analyst Ratings Network.com reports. The firm set a “buy” rating and a GBX 68 ($1.12) price target on the stock. Cantor Fitzgerald Europe’s price objective suggests a potential upside of 83.78% from the company’s current price.

Hummingbird Resources Ltd (LON:HUM) traded up 7.25% during mid-day trading on Tuesday, hitting GBX 37.00. 84,800 shares of the company’s stock traded hands. Hummingbird Resources Ltd has a 52-week low of GBX 18.00 and a 52-week high of GBX 83.00. The stock has a 50-day moving average of GBX 34.41 and a 200-day moving average of GBX 37.66.

Hummingbird Resources PLC engages in gold and other mineral exploration in the eastern part of Liberia.

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