Hummingbird Resources (GB:HUM) has released an update.
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Hummingbird Resources reported lower revenues of $62.8 million and an adjusted EBITDA loss of $8.9 million for H1-2024, attributed to reduced gold production at its Yanfolila mine and challenges at the Kouroussa mine. Despite current challenges, the company is optimistic about future performance, bolstered by strategic initiatives and a $25 million refinancing package. Additionally, Hummingbird is advancing its ESG commitments and exploring opportunities for its Dugbe Gold Project in Liberia.
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