Honey Badger Silver (CVE:TUF) Shares Down 6.7% – Here’s Why

Honey Badger Silver Inc. (CVE:TUF)’s stock price was down 6.7% during trading on Monday . The company traded as low as C$0.96 and last traded at C$0.97. Approximately 242,439 shares changed 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 Down 6.7%

The company has a 50 day simple moving average of C$0.52 and a two-hundred day simple moving average of C$0.32. 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 company has a market capitalization of C$151.29 million, a P/E ratio of -32.33 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.