Hummingbird losses widen

Full year losses widened at Liberia focused gold explorer, Hummingbird Resources, but says it remains in a strong financial position to continue developing its gold resources over the next 12 months.

Full year losses widened at Liberia focused gold explorer, Hummingbird Resources, but says it remains in a strong financial position to continue developing its gold resources over the next 12 months.

Loss before tax widened to $4.2m for the year ended May 31st 2012 compared to a loss of $2.6m a year earlier. Loss per ordinary share was 7.78 cents versus 5.79 cents.

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