Honey Badger Silver (CVE:TUF) Shares Down 11.5% – Here’s Why

Honey Badger Silver Inc. (CVE:TUF)’s share price was down 11.5% during trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.12. Approximately 240,700 shares changed hands during trading, an increase of 185% from the average daily volume of 84,519 shares. The stock had previously closed at C$0.13.

Honey Badger Silver Trading Down 15.4%

The company has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.11. The stock has a market capitalization of C$8.29 million, a P/E ratio of -4.10 and a beta of 2.06.

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.