Honey Badger Silver (CVE:TUF) Stock Price Down 10.1% – What’s Next?

Honey Badger Silver Inc. (CVE:TUF) shares traded down 10.1% during mid-day trading on Tuesday . The stock traded as low as C$0.70 and last traded at C$0.71. 421,232 shares were traded during mid-day 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 Trading Down 12.7%

The firm has a market capitalization of C$111.41 million, a PE ratio of -17.25 and a beta of 0.51. The company has a quick ratio of 1.38, a current ratio of 4.41 and a debt-to-equity ratio of 1.07. The company’s 50-day simple moving average is C$0.70 and its 200 day simple moving average is C$0.39.

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.