Honey Badger Silver (CVE:TUF) Stock Price Down 6.7% – Here’s What Happened

Honey Badger Silver Inc. (CVE:TUF)’s share price dropped 6.7% during mid-day trading on Monday . The stock traded as low as C$0.96 and last traded at C$0.97. Approximately 242,439 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 828,168 shares. The stock had previously closed at C$1.04.

Honey Badger Silver Stock Performance

The stock has a market capitalization of C$151.29 million, a PE ratio of -32.33 and a beta of 0.60. The business’s 50 day moving average is C$0.52 and its 200 day moving average is C$0.32. The company has a current ratio of 3.42, a quick ratio of 1.38 and a debt-to-equity ratio of 2.29.

Honey Badger Silver Company Profile

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.