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The latest update is out from Hummingbird Resources ( (GB:HUM) ).
Hummingbird Resources has agreed to a recommended cash offer from Nioko Resources Corporation for its entire share capital, aiming to stabilize operations and secure additional financing. Nioko plans to delist Hummingbird from the AIM market and re-register it as a private company, potentially impacting share liquidity and value, and intends to proceed with compulsory acquisition rights if enough shares are acquired.
More about Hummingbird Resources
Hummingbird Resources PLC is a leading gold-producing company listed on the AIM market, with primary operations in the mining sector. The company operates two main gold projects: the Yanfolila Gold Mine in Mali and the Kouroussa Gold Mine in Guinea. It also holds a controlling interest in the Dugbe Gold Project in Liberia, developed in partnership with Pasofino Gold Limited.
Average Trading Volume: 4,009,346
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £20.73M
See more data about HUM stock on TipRanks’ Stock Analysis page.
