Honey Badger Silver (CVE:TUF) Given a C$1.25 Price Target by Stifel Nicolaus Analysts

Honey Badger Silver (CVE:TUF) has been given a C$1.25 price target by Stifel Nicolaus in a research report issued on Tuesday, BayStreet reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus‘s price target suggests a potential upside of 98.41% from the company’s current price.

Honey Badger Silver Trading Down 3.8%

CVE TUF traded down C$0.03 during mid-day trading on Tuesday, reaching C$0.63. 290,860 shares of the stock were exchanged, compared to its average volume of 958,036. Honey Badger Silver has a one year low of C$0.13 and a one year high of C$1.19. The stock has a 50 day simple moving average of C$0.78 and a 200-day simple moving average of C$0.59. The stock has a market cap of C$142.80 million, a P/E ratio of -4.20 and a beta of 0.60. The company has a debt-to-equity ratio of 5.57, a current ratio of 1.78 and a quick ratio of 1.38.

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.