Hummingbird Shares Rise on Higher Gold Resources

Bloomberg reported that shares of Hummingbird Resources (LSE:HUM) were up on the company’s announcement of a doubling of resources.

As quoted in the market news:

Hummingbird shares jumped as much as 9.5 percent to 172.5 pence in London, the highest since December 2010. The company raised its total gold resources to 3.7 million ounces today after announcing it has an additional 2.05 million ounces at the Tuzon pit in eastern Liberia.

Click here to read the full Bloomberg report.