Honey Badger Silver (CVE:TUF) Stock Price Down 10.1% – Here’s Why

Honey Badger Silver Inc. (CVE:TUF)’s share price fell 10.1% during mid-day trading on Tuesday . The company traded as low as C$0.70 and last traded at C$0.71. Approximately 421,232 shares changed hands during trading, a decline of 49% from the average daily volume of 825,017 shares. The stock had previously closed at C$0.79.

Honey Badger Silver Price Performance

The company has a debt-to-equity ratio of 1.07, a current ratio of 4.41 and a quick ratio of 1.38. The stock has a fifty day moving average of C$0.70 and a 200 day moving average of C$0.39. The stock has a market cap of C$111.41 million, a price-to-earnings ratio of -17.25 and a beta of 0.51.

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.