Honey Badger Silver (CVE:TUF) Shares Up 8% – What’s Next?

Honey Badger Silver Inc. (CVE:TUF) shares shot up 8% during trading on Tuesday . The company traded as high as C$0.99 and last traded at C$0.95. 906,822 shares were traded during mid-day trading, an increase of 22% from the average session volume of 743,702 shares. The stock had previously closed at C$0.88.

Honey Badger Silver Stock Performance

The company has a debt-to-equity ratio of 2.29, a current ratio of 3.42 and a quick ratio of 1.38. The business has a 50-day simple moving average of C$0.40 and a 200 day simple moving average of C$0.28. The firm has a market cap of C$132.57 million, a PE ratio of -28.33 and a beta of 0.60.

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.