Hummingbird Resources Targets Mid-Tier Gold Production
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Hummingbird Resources Targets Mid-Tier Gold Production

Hummingbird Resources (GB:HUM) has released an update.

Hummingbird Resources PLC reported a successful 2023, achieving a cumulative adjusted EBITDA of $36.6 million and producing 83,965 ounces of gold at its Yanfolila Mine. Despite ramp-up challenges at the Kouroussa Mine, the company remained committed to strong ESG principles, including a 90% process water recycling rate and zero environmental incidents. Looking ahead, Hummingbird aims to ramp up production and become a mid-tier gold producer with an annual output of 200,000 ounces.

For further insights into GB:HUM stock, check out TipRanks’ Stock Analysis page.

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