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Enterprise Value per Oz
Comparative Resource growth am
Hummingbird - v - Gold Price : Dec 2010 - Nov 2011
Share price comparisons: : since IPO
Corporate & IR
Hummingbird exceeds expectations...
| Where we were at IPO… | …and at 1 February 2012 | |
|---|---|---|
| Drilling | 14,020metres | 47,333 metres |
| Trenching | 3,621 metres | 12,642 metres |
| Soil samples | 12,827 | 21,748 |
| Stream sediments | 6,181 | 9,569 |
| Net cash position | $39m | $18m |
| Budgeted position | $39m | $16m |
| IPO | 1 FEBRUARY 2012 | |
|---|---|---|
| Shares in issue | 53,355,565 | 53,355,565 |
| Options outstanding | 3,510,000 | 4,430,000 |
| Market Capitalisation | £89m / $140m | £80m / $125m |
| Share Price | £1.67 | £1.65 |
| Gold Price (source: Kitco.com) | $1,375 | $1,740 |
| Average daily volume | 121,456 (since IPO) | 290,878 (Jan 2012) |
| EV / oz | $124 | $44 |
In this section
Downloads
Download our investor presentation (9 MB)Overview
- Founded in November 2005
- Listed on AIM on 10 December 2010 raising US$40m (oversubscribed)
- Current cash position $20m (budget $16.5m)
- Maiden resource at listing of 812,000 ounces gold from 14,000m drilling
- Resource update to 1,765,000 ounces gold on 26 September 2011
- Maiden Resource at Touzon of 2,052,000 ounces gold on 1 February 2012
- Global Resource of 3.8m ounces gold
- Land package of approximately 7,000km2
Largest Shareholders
- 16.3% Management & connected parties
- 10.6% Mark Hillery
- 7.8% Capital Research and Management
- 7.1% JP Morgan Asset Management
- 6.5% Blackrock
- 5.6% Alpha One Holdings Ltd
- 5.1% Resource Capital Funds
- 2.4% African Lion 3
- 2.4% Odey Asset Management
- 2.3% Investec
- 1.6% Goodman & Company
- 1.5% Henderson Global Investors
Team spotlight
Timothy Illingworth
Country Manager
Tim is a former officer of the British Army. He joined Hummingbird Resources in April 2011 as Country Manager after serving for 9 years in the Light Infantry and latterly in the Rifles. During his military career, Tim gained considerable experience in the planning and conduct of operations in demanding environments as well as the related HR and administrative requirements to manage a large, busy, operational organisation.