Honey Badger Silver (CVE:TUF) Shares Down 6.4% – Here’s Why

Honey Badger Silver Inc. (CVE:TUFGet Free Report)’s stock price dropped 6.4% during mid-day trading on Friday . The company traded as low as C$0.72 and last traded at C$0.73. 3,619,888 shares changed hands during mid-day trading, an increase of 308% from the average daily volume of 886,744 shares. The stock had previously closed at C$0.78.

Honey Badger Silver Price Performance

The business’s 50 day moving average is C$0.77 and its two-hundred day moving average is C$0.59. The firm has a market capitalization of C$117.87 million, a PE ratio of -18.25 and a beta of 1.05. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.38 and a current ratio of 1.78.

Honey Badger Silver Company Profile

(Get Free Report)

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.

Further Reading

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