Hummingbird Resources PLC

PINK:HUMRF USA Gold
Market Cap
$34.06 Million
Market Cap Rank
#32469 Global
#10657 in USA
Share Price
$0.02
Change (1 day)
+0.00%
52-Week Range
$0.02 - $0.02
All Time High
$0.54
Categories
Companies in USA Gold
About

Hummingbird Resources PLC engages in the exploration, evaluation, and development of mineral properties in Liberia, Mali, and Guinea. The company primarily explores for gold ores. Its flagship properties include the Yanfolila Gold Mine located in Mali, and the Kouroussa Gold Mine located in Guinea. Hummingbird Resources PLC was incorporated in 2005 and is headquartered in Birmingham, the United K… Read more

Hummingbird Resources PLC (HUMRF) - Net Assets

Latest net assets as of June 2024: $170.58 Million USD

Based on the latest financial reports, Hummingbird Resources PLC (HUMRF) has net assets worth $170.58 Million USD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($610.17 Million) and total liabilities ($439.59 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $170.58 Million
% of Total Assets 27.96%
Annual Growth Rate 29.02%
5-Year Change 26.45%
10-Year Change 158.77%
Growth Volatility 74.1

Hummingbird Resources PLC - Net Assets Trend (2007–2023)

This chart illustrates how Hummingbird Resources PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hummingbird Resources PLC (2007–2023)

The table below shows the annual net assets of Hummingbird Resources PLC from 2007 to 2023.

Year Net Assets Change
2023-12-31 $175.64 Million +11.24%
2022-12-31 $157.89 Million -9.11%
2021-12-31 $173.71 Million -5.21%
2020-12-31 $183.26 Million +31.93%
2019-12-31 $138.90 Million +6.35%
2018-12-31 $130.62 Million -9.78%
2017-12-31 $144.78 Million +6.13%
2016-12-31 $136.41 Million +85.21%
2015-12-31 $73.65 Million +8.51%
2014-12-31 $67.88 Million +43.82%
2013-12-31 $47.20 Million -4.38%
2012-12-31 $49.36 Million +3.98%
2011-12-31 $47.47 Million -5.49%
2010-12-31 $50.23 Million +251.71%
2009-12-31 $14.28 Million +195.29%
2008-12-31 $4.84 Million +62.33%
2007-12-31 $2.98 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hummingbird Resources PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 6030358580.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings $59.40 Million 55.32%
Common Stock $8.84 Million 8.23%
Other Components $39.14 Million 36.45%
Total Equity $107.38 Million 100.00%

Hummingbird Resources PLC Competitors by Market Cap

The table below lists competitors of Hummingbird Resources PLC ranked by their market capitalization.

Company Market Cap
Pantera Lithium Ltd
AU:PFE
 		$3.57 Million
ThreeD Capital Inc
OTCQX:IDKFF
 		$3.57 Million
BH Global Corporation Limited
TW:911608
 		$3.57 Million
Solara Minerals Ltd
AU:SLA
 		$3.57 Million
Circa Group AS
OL:CIRCA
 		$3.57 Million
Urban Jakarta Propertindo Tbk PT
JK:URBN
 		$3.57 Million
Algorhythm Holdings, Inc.
NASDAQ:RIME
 		$3.57 Million
TCM Corporation Public Company Limited
BK:TCMC
 		$3.57 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hummingbird Resources PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 120,430,000 to 107,378,999, a change of -13,051,001 (-10.8%).
  • Net loss of 24,359,000 reduced equity.
  • New share issuances of 22,454,000 increased equity.
  • Other factors decreased equity by 11,146,001.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income $-24.36 Million -22.69%
Share Issuances $22.45 Million +20.91%
Other Changes $-11.15 Million -10.38%
Total Change $- -10.84%

Book Value vs Market Value Analysis

This analysis compares Hummingbird Resources PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.11x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 0.36x to 0.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 $0.06 $0.02 x
2008-12-31 $0.09 $0.02 x
2009-12-31 $0.27 $0.02 x
2010-12-31 $1.11 $0.02 x
2011-12-31 $0.89 $0.02 x
2012-12-31 $0.90 $0.02 x
2013-12-31 $0.81 $0.02 x
2015-12-31 $0.75 $0.02 x
2016-12-31 $0.58 $0.02 x
2017-12-31 $0.41 $0.02 x
2018-12-31 $0.36 $0.02 x
2019-12-31 $0.37 $0.02 x
2020-12-31 $0.46 $0.02 x
2021-12-31 $0.42 $0.02 x
2022-12-31 $0.31 $0.02 x
2023-12-31 $0.19 $0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hummingbird Resources PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -22.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -14.58%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 5.59x
  • Recent ROE (-22.69%) is below the historical average (-8.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -17.67% 0.00% 0.00x 1.03x $-824.42K
2008 -6.51% 0.00% 0.00x 1.02x $-798.55K
2009 -9.03% 0.00% 0.00x 1.07x $-2.72 Million
2010 -5.20% 0.00% 0.00x 1.04x $-7.63 Million
2011 -8.75% 0.00% 0.00x 1.08x $-8.90 Million
2012 -6.83% 0.00% 0.00x 1.26x $-8.31 Million
2013 -9.46% 0.00% 0.00x 1.37x $-9.19 Million
2014 -8.54% 0.00% 0.00x 1.43x $-12.59 Million
2015 -6.20% 0.00% 0.00x 1.49x $-11.93 Million
2016 -6.19% 0.00% 0.00x 1.30x $-22.08 Million
2017 -3.80% 0.00% 0.00x 1.81x $-19.40 Million
2018 -7.92% -8.80% 0.45x 2.01x $-23.19 Million
2019 4.01% 3.46% 0.60x 1.93x $-8.10 Million
2020 10.96% 10.28% 0.63x 1.69x $1.67 Million
2021 -6.67% -6.70% 0.46x 2.17x $-27.27 Million
2022 -28.46% -22.77% 0.34x 3.67x $-46.32 Million
2023 -22.69% -14.58% 0.28x 5.59x $-35.10 Million

Industry Comparison

This section compares Hummingbird Resources PLC's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $1,956,755,866
  • Average return on equity (ROE) among peers: -68.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hummingbird Resources PLC (HUMRF) $170.58 Million -17.67% 2.58x $3.57 Million
Almadex Minerals Ltd (AAMMF) $14.43 Million -15.31% 0.02x $11.47 Million
Allied Gold Corporation (AAUC) $111.36 Million -6.66% 4.92x $1.61 Billion
Aero Energy Limited (AAUGF) $14.72 Million -5.86% 0.05x $613.34K
Abcourt Mines Inc (ABMBF) $542.08K -7.78% 0.16x $27.58 Million
Aben Resources Ltd (ABNAF) $925.43K -59.62% 0.09x $1.17 Million
Advance Gold Corp (ADGCF) $206.54K -11.57% 1.00x $480.91K
Agnico Eagle Mines Limited (AEM) $19.42 Billion 10.18% 0.48x $105.00 Billion
Affinity Gold Corp (AFYG) $241.37K -497.12% 0.10x $4.68K
Andes Gold Corp (AGCZ) $648.20K -54.33% 0.04x $0.95
Antioquia Gold Inc (AGDXF) $1.57 Million -38.90% 0.28x $1.44 Million