Honey Badger Silver (CVE:TUF) Shares Down 6.7% – Time to Sell?

Honey Badger Silver Inc. (CVE:TUF) shares dropped 6.7% during trading on Monday . The stock traded as low as C$0.96 and last traded at C$0.97. Approximately 242,439 shares traded hands during 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 Price Performance

The firm has a fifty day simple moving average of C$0.54 and a 200 day simple moving average of C$0.32. The company has a market capitalization of C$140.37 million, a PE ratio of -30.00 and a beta of 0.60. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.38 and a current ratio of 3.42.

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.