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Enterprise Value per Oz
Comparative Resource growth am
Corporate & IR
Hummingbird exceeds expectations...
| Where we were at IPO… | …and in September 2012 | |
|---|---|---|
| Drilling | 14,020metres | 57,943 metres |
| Trenching | 3,621 metres | 22,360 metres |
| Soil samples | 12,827 | 36,344 |
| Stream sediments | 6,181 | 9,659 |
| IPO | 1 December 2012 | |
|---|---|---|
| Shares in issue | 53,355,565 | 56,726,371 |
| Options / Warrants | 3,510,000 | 6,390,903 |
| Market Capitalisation | £89m / $140m | £45m / $70m |
| Share Price | £1.67 | £0.80 |
| Gold Price (source: Kitco.com) | $1,375 | $1,742 |
| EV / oz | $124 | $15 |
| Average daily volume | $370,000 (since IPO) |
In this section
Downloads
Download our Investor Presentation (4 MB)Overview
- Founded in November 2005
- Listed on AIM on 10 December 2010 raising US$40m
- Current cash position $16m (budget $12m)
- Maiden resource at listing of 812,000 oz gold from 14,000m drilling
- 3m Oz added in 2011 for a total discovery cost of $6/oz
- Maiden Resource at Tuzon of 2,052,000 oz gold on 1 February 2012
- Global Resource of 3.8 Moz gold
- Land package of approximately 7,000km2
Largest Shareholders
- 16.6% Management & connected parties
- 12.0% Mark Hillery
- 9.5% Capital Research and Management
- 8.0% Blackrock
- 7.1% JP Morgan Asset Management
- 5.7% IFC (subscription signed, shares awaiting issue)
- 5.1% Resource Capital Funds
- 2.4% African Lion 3
- 2.4% Odey Asset Management
- 2.3% Investec
Team spotlight
William Benjamin Thurston Cook
Operations Director
William is a former officer of the British Army having served in the Light Infantry. Following his army service he worked in the security sector, for companies such as Control Risks, Rubicon and Salamanca Risk Management before joining Hummingbird Resources as Country Manager. William is experienced in the operational and logistical management of projects in challenging environments. In his capacity as Operations Director he has been responsible for the establishment and ongoing running and development of all of Hummingbird’s operational capability in Liberia.