Hummingbird Resources
Market Cap
UK£85.9m
Last Updated
2020/02/16 21:51 UTC
Data Sources
Company Financials +
Executive Summary
Hummingbird Resources PLC, a mining company, engages in the exploration, evaluation, and development of mineral properties in West Africa.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has Hummingbird Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HUM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.3%
HUM
0.8%
GB Metals and Mining
-0.2%
GB Market
1 Year Return
1.9%
HUM
0.8%
GB Metals and Mining
6.1%
GB Market
Return vs Industry: HUM exceeded the UK Metals and Mining industry which returned 0.8% over the past year.
Return vs Market: HUM underperformed the UK Market which returned 6.1% over the past year.
Shareholder returns
| HUM | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 0.8% | -0.2% |
| 30 Day | 6.6% | -6.4% | -2.7% |
| 90 Day | 15.5% | 6.1% | 3.9% |
| 1 Year | 1.9%1.9% | 9.5%0.8% | 11.8%6.1% |
| 3 Year | -7.6%-7.6% | 32.5%10.8% | 17.5%2.6% |
| 5 Year | -30.8%-30.8% | 69.3%29.4% | 34.8%3.7% |
Price Volatility Vs. Market
How volatile is Hummingbird Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
How Does Hummingbird Resources PLC (LON:HUM) Affect Your Portfolio Volatility?4 months ago | Simply Wall St
Some Hummingbird Resources (LON:HUM) Shareholders Are Down 35%6 months ago | Simply Wall St
Health Check: How Prudently Does Hummingbird Resources (LON:HUM) Use Debt?Valuation
Is Hummingbird Resources undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HUM (£0.24) is trading below our estimate of fair value (£0.71)
Significantly Below Fair Value: HUM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HUM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: HUM is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HUM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HUM is good value based on its PB Ratio (0.9x) compared to the GB Metals and Mining industry average (1.1x).
Next Steps
Future Growth
How is Hummingbird Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
60.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HUM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: HUM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HUM's is expected to become profitable in the next 3 years.
Revenue vs Market: HUM's revenue (8.3% per year) is forecast to grow faster than the UK market (3.4% per year).
High Growth Revenue: HUM's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HUM's Return on Equity is forecast to be low in 3 years time (18%).
Next Steps
Past Performance
How has Hummingbird Resources performed over the past 5 years?
-15.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HUM is currently unprofitable.
Growing Profit Margin: HUM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HUM is unprofitable, and losses have increased over the past 5 years at a rate of -15.6% per year.
Accelerating Growth: Unable to compare HUM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HUM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (7%).
Return on Equity
High ROE: HUM has a negative Return on Equity (-17.64%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Hummingbird Resources's financial position?
Financial Position Analysis
Short Term Liabilities: HUM's short term assets ($34.3M) do not cover its short term liabilities ($92.4M).
Long Term Liabilities: HUM's short term assets ($34.3M) do not cover its long term liabilities ($49.5M).
Debt to Equity History and Analysis
Debt Level: HUM's debt to equity ratio (53.3%) is considered high.
Reducing Debt: HUM's debt to equity ratio has increased from 27.7% to 53.3% over the past 5 years.
Balance Sheet
Inventory Level: HUM has a high level of physical assets or inventory.
Debt Coverage by Assets: HUM's debt is not covered by short term assets (assets are 0.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HUM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HUM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Hummingbird Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate HUM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HUM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HUM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HUM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HUM's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Dan Betts (44yo)
Mr. Daniel Edward Betts, also known as Dan, founded Hummingbird Resources Plc in November 2005 and serves as its Chief Executive Officer. Mr. Betts also serves as Director of Hummingbird Resources Plc sinc ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 0yrs | no data | 1.26% $1.1m | |
| Finance Director | 7.6yrs | no data | 0.042% $36.0k | |
| Vice President of Finance | 3.3yrs | no data | no data | |
| Vice President of Operations | 3.3yrs | no data | no data | |
| GM of Finance & Administration | 0yrs | no data | no data | |
| Senior Vice President of Project Delivery | 3.3yrs | no data | no data | |
| Vice President of Geology | 0yrs | no data | no data | |
| Vice President of Mining & Member of Technical Advisory Committee | 0yrs | no data | no data |
3.3yrs
Average Tenure
46yo
Average Age
Experienced Management: HUM's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 0yrs | no data | 1.26% $1.1m | |
| Finance Director | 7.6yrs | no data | 0.042% $36.0k | |
| Vice President of Mining & Member of Technical Advisory Committee | 0yrs | no data | no data | |
| Non-Executive Director | 2.8yrs | no data | no data | |
| Non-Executive Chairman | 5.3yrs | no data | 0.086% $73.7k | |
| Member of Technical Advisory Committee | 0yrs | no data | no data | |
| Non Executive Director | 13.8yrs | no data | 0.056% $48.5k | |
| Non-Executive Director & Chairman of Technical Advisory Committee | 1.8yrs | no data | no data | |
| Non-Executive Director & Member of Technical Advisory Committee | 1.8yrs | no data | no data |
5.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: HUM's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HUM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Top Shareholders
Company Information
Hummingbird Resources PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hummingbird Resources PLC
- Ticker: HUM
- Exchange: AIM
- Founded: 2005
- Industry: Gold
- Sector: Materials
- Market Cap: UK£85.883m
- Shares outstanding: 354.16m
- Website: https://www.hummingbirdresources.co.uk
Number of Employees
Location
- Hummingbird Resources PLC
- 26 Mount Row
- Hockley
- London
- Greater London
- W1K 3SQ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HUM | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Dec 2010 |
| HUMR.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2010 |
| 2HM | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2010 |
Biography
Hummingbird Resources PLC, a mining company, engages in the exploration, evaluation, and development of mineral properties in West Africa. It primarily explores for gold ores. The company principally holds interests in the Dugbe 1 project located in the Liberia; and Yanfolila gold project located in Mali. The company was founded in 2005 and is headquartered in London, United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 21:51 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.