Hummingbird Resources
Market Cap
UK£110.8m
Last Updated
2021/01/27 20:36 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. More Details
Rewards
Risk Analysis
No risks detected for HUM from our risk checks.
Snowflake Analysis
Very undervalued with excellent balance sheet.
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 is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: HUM's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-9.3%
HUM
-7.4%
GB Metals and Mining
-2.4%
GB Market
1 Year Return
29.4%
HUM
23.2%
GB Metals and Mining
-8.0%
GB Market
Return vs Industry: HUM exceeded the UK Metals and Mining industry which returned 27% over the past year.
Return vs Market: HUM exceeded the UK Market which returned -7.5% over the past year.
Shareholder returns
| HUM | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.3% | -7.4% | -2.4% |
| 30 Day | 1.0% | -0.6% | -0.5% |
| 90 Day | -10.1% | 29.0% | 18.1% |
| 1 Year | 29.4%29.4% | 29.1%23.2% | -4.4%-8.0% |
| 3 Year | -9.9%-9.9% | 39.7%16.9% | 3.7%-9.0% |
| 5 Year | 73.7%73.7% | 286.1%196.6% | 43.1%15.6% |
Long-Term 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
4 weeks ago | Simply Wall St
A Quick Analysis On Hummingbird Resources' (LON:HUM) CEO Salary1 month ago | Simply Wall St
Will Weakness in Hummingbird Resources PLC's (LON:HUM) Stock Prove Temporary Given Strong Fundamentals?2 months ago | Simply Wall St
Did Hummingbird Resources' (LON:HUM) Share Price Deserve to Gain 86%?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 (£0.3) is trading below our estimate of fair value (£2.96)
Significantly Below Fair Value: HUM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HUM is good value based on its PE Ratio (5.1x) compared to the GB Metals and Mining industry average (15x).
PE vs Market: HUM is good value based on its PE Ratio (5.1x) compared to the UK market (22.8x).
Price to Earnings Growth Ratio
PEG Ratio: HUM is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: HUM is good value based on its PB Ratio (1x) compared to the GB Metals and Mining industry average (2.2x).
Next Steps
Future Growth
How is Hummingbird Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
13.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HUM's forecast earnings growth (13.1% per year) is above the savings rate (1%).
Earnings vs Market: HUM's earnings (13.1% per year) are forecast to grow slower than the UK market (24.2% per year).
High Growth Earnings: HUM's earnings are forecast to grow, but not significantly.
Revenue vs Market: HUM's revenue (8.5% per year) is forecast to grow faster than the UK market (6.5% per year).
High Growth Revenue: HUM's revenue (8.5% 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 (17.5%).
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Past Performance
How has Hummingbird Resources performed over the past 5 years?
39.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HUM has high quality earnings.
Growing Profit Margin: HUM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: HUM has become profitable over the past 5 years, growing earnings by 39.5% per year.
Accelerating Growth: HUM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HUM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-23.3%).
Return on Equity
High ROE: HUM's Return on Equity (22.9%) is considered high.
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Financial Health
How is Hummingbird Resources's financial position?
Financial Position Analysis
Short Term Liabilities: HUM's short term assets ($49.6M) do not cover its short term liabilities ($83.8M).
Long Term Liabilities: HUM's short term assets ($49.6M) exceed its long term liabilities ($28.2M).
Debt to Equity History and Analysis
Debt Level: HUM's debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: HUM's debt to equity ratio has reduced from 38.7% to 25.1% over the past 5 years.
Debt Coverage: HUM's debt is well covered by operating cash flow (135.8%).
Interest Coverage: HUM's interest payments on its debt are well covered by EBIT (7.4x coverage).
Balance Sheet
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Dividend
What is Hummingbird Resources's current dividend yield, its reliability and sustainability?
79.41%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HUM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HUM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Dan Betts (45 yo)
no data
Tenure
US$742,000
Compensation
Mr. Daniel Edward Betts, also known as Dan, founded Hummingbird Resources Plc in November 2005 and serves as its Chief Executive Officer and Managing Director. Mr. Betts has been an Executive Director of H...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD742.00K) is about average for companies of similar size in the UK market ($USD586.44K).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$742.00k | 1.27% $ 1.4m | |
| Finance Director | 8.5yrs | US$519.00k | 0.058% $ 64.6k | |
| Vice President of Finance | 4.17yrs | no data | no data | |
| Vice President of Operations | 4.25yrs | no data | no data | |
| Senior Vice President of Operations | 0.25yr | no data | no data | |
| GM of Finance & Administration | no data | no data | no data | |
| Senior Vice President of Project Delivery | 4.25yrs | no data | no data | |
| Chief Strategy & ESG Officer | 1yr | no data | no data |
4.2yrs
Average Tenure
46yo
Average Age
Experienced Management: HUM's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$742.00k | 1.27% $ 1.4m | |
| Finance Director | 8.5yrs | US$519.00k | 0.058% $ 64.6k | |
| Independent Non-Executive Director | 3.67yrs | US$74.00k | no data | |
| Independent Non-Executive Chairman | 6.17yrs | US$101.00k | 0.085% $ 94.2k | |
| Independent Non Executive Director | 14.75yrs | US$72.00k | 0.28% $ 311.1k | |
| Independent Non-Executive Director | 2.75yrs | US$104.00k | no data | |
| Independent Non-Executive Director | 2.75yrs | US$104.00k | no data |
6.2yrs
Average Tenure
62yo
Average Age
Experienced Board: HUM's board of directors are considered experienced (6.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
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£110.803m
- Shares outstanding: 357.43m
- Website: https://www.hummingbirdresources.co.uk
Number of Employees
Location
- Hummingbird Resources PLC
- 49-63 Spencer Street
- Hockley
- Birmingham
- West Midlands
- B18 6DE
- 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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 20:36 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.