Hummingbird Resources (GB:HUM) has released an update.
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Hummingbird Resources reported a Q3-2024 gold production of 26,376 ounces, with improvements at both Yanfolila and Kouroussa mines despite facing operational challenges. The company recorded an adjusted EBITDA loss of $3.83 million, but this was a significant recovery from the previous quarter due to increased production and efficiency gains. Hummingbird’s focus on operational improvements and debt restructuring discussions indicates a proactive approach to stabilizing its financial position.
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