Honey Badger Silver (CVE:TUF) Trading 8% Higher – Should You Buy?

Shares of Honey Badger Silver Inc. (CVE:TUF) were up 8% on Tuesday . The company traded as high as C$0.99 and last traded at C$0.95. Approximately 906,822 shares traded hands during trading, an increase of 22% from the average daily volume of 743,702 shares. The stock had previously closed at C$0.88.

Honey Badger Silver Stock Performance

The company has a quick ratio of 1.38, a current ratio of 3.42 and a debt-to-equity ratio of 2.29. The business has a fifty day simple moving average of C$0.38 and a 200-day simple moving average of C$0.27. The firm has a market cap of C$148.17 million, a P/E ratio of -31.67 and a beta of 0.60.

About Honey Badger Silver

Honey Badger Silver Inc acquires, explores for, and develops mineral properties. It primarily explores for silver, cobalt, gold, zinc, and lead deposits. The company holds a 100% interest in the Clear Lake deposit that comprises 121 contiguous claims covering an area of approximately 2,500 hectares located in the Whitehorse Mining District of the Yukon; and Nanisivik project that covering an area of approximately 5,723 hectares located in Nunavut. In addition, it holds interest in the Plata, Groundhog, and Hy silver projects in southeast and south-central Yukon, Canada.