Hummingbird Resources (GB:HUM) has released an update.
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Hummingbird Resources has secured a $30 million loan to enhance its operations and announced a Group-wide review to boost production and shareholder value. The company is experiencing delays in reaching commercial production at its Kouroussa Gold Mine, now expected in Q4-2024, but remains focused on sustainable growth and operational improvements under new leadership. With a strategic review underway, Hummingbird aims to evolve into a robust mid-tier gold mining company.
For further insights into GB:HUM stock, check out TipRanks’ Stock Analysis page.
