Honey Badger Silver (CVE:TUF) Trading Up 17.1% – Here’s Why

Honey Badger Silver Inc. (CVE:TUF)’s stock price shot up 17.1% during mid-day trading on Tuesday . The stock traded as high as C$0.86 and last traded at C$0.82. Approximately 1,454,601 shares changed hands during trading, an increase of 94% from the average session volume of 751,328 shares. The stock had previously closed at C$0.70.

Honey Badger Silver Stock Performance

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 has a market capitalization of C$146.93 million, a PE ratio of -22.75 and a beta of 1.05. The business has a 50 day simple moving average of C$0.77 and a 200 day simple moving average of C$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.