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Hummingbird nose dives on negative guidance changes

Hummingbird Resources’ share price has shed some 26% to trade at all-time lows following a downward production guidance revision and higher cost expectations after a disappointing Q3.

Hummingbird nose dives on negative guidance changes Hummingbird nose dives on negative guidance changes Hummingbird nose dives on negative guidance changes Hummingbird nose dives on negative guidance changes Hummingbird nose dives on negative guidance changes

Continued underperformance of the mining fleet hit production, CEO Dan Betts said.

The London-listed company's 2022 gold production guidance now stands at 77,000-87,000oz, from 87,000-97,000oz, while full-year all-in sustaining cost guidance was lifted to US$1,600-$1,800/oz, from