Hummingbird Resources Plc (LON: HUM) has released an operational update in view of a management site visit to the Yanfolila mine.
- The major focus of the site visit was to review Hummingbird's current and future mine plans and the 2021 budget process.
- The company expect to finalise the initial draft 2021 budget, conducted during the site visit, in the coming weeks.
- The company has stated that the review of managerial roles and accountabilities is in progress and expressed its confidence that substantial improvements have been made.
- The stocks of the company, on 2 December 2020, traded lower by 7.14% from its previous closing, hovering at around GBX 29.25 at 09:12 AM GMT+1.