Honey Badger Silver (CVE:TUF) Shares Up 6.1% – Should You Buy?

Honey Badger Silver Inc. (CVE:TUF) shot up 6.1% during trading on Wednesday . The company traded as high as C$0.35 and last traded at C$0.35. 123,201 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 405,034 shares. The stock had previously closed at C$0.33.

Honey Badger Silver Price Performance

The stock’s fifty day moving average price is C$0.23 and its 200 day moving average price is C$0.22. The stock has a market capitalization of C$42.75 million, a P/E ratio of -7.30 and a beta of 0.33.

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.