Honey Badger Silver (CVE:TUF) Shares Down 12.1% – What’s Next?

Honey Badger Silver Inc. (CVE:TUF)’s stock price traded down 12.1% during mid-day trading on Friday . The stock traded as low as C$0.74 and last traded at C$0.77. Approximately 3,729,088 shares were traded during mid-day trading, an increase of 381% from the average daily volume of 774,521 shares. The stock had previously closed at C$0.87.

Honey Badger Silver Trading Down 11.5%

The firm has a market cap of C$124.32 million, a P/E ratio of -19.25 and a beta of 1.05. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.41 and a quick ratio of 1.38. The stock has a 50 day moving average of C$0.77 and a 200 day moving average of C$0.54.

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.