Honey Badger Silver (CVE:TUF) Shares Down 7% – Time to Sell?

Shares of Honey Badger Silver Inc. (CVE:TUF) dropped 7% on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 212,873 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 342,340 shares. The stock had previously closed at C$0.22.

Honey Badger Silver Price Performance

The business has a fifty day moving average of C$0.23 and a 200 day moving average of C$0.22. The firm has a market cap of C$25.18 million, a P/E ratio of -4.30 and a beta of 1.56.

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.