Honey Badger Silver (CVE:TUF) Stock Price Down 5.3% – Time to Sell?

Honey Badger Silver Inc. (CVE:TUF)’s stock price dropped 5.3% during trading on Wednesday . The stock traded as low as C$0.81 and last traded at C$0.81. Approximately 211,961 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 765,780 shares. The stock had previously closed at C$0.86.

Honey Badger Silver Price Performance

The company has a current ratio of 3.42, a quick ratio of 1.38 and a debt-to-equity ratio of 2.29. The stock has a market capitalization of C$129.45 million, a PE ratio of -27.67 and a beta of 0.60. The firm has a 50 day moving average price of C$0.39 and a 200 day moving average price of C$0.27.

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.