Honey Badger Silver (CVE:TUF) Shares Down 6.4% – Should You Sell?

Honey Badger Silver Inc. (CVE:TUF)’s stock price dropped 6.4% during trading on Friday . The company traded as low as C$0.72 and last traded at C$0.73. Approximately 3,619,888 shares were traded during mid-day trading, an increase of 308% from the average daily volume of 886,744 shares. The stock had previously closed at C$0.78.

Honey Badger Silver Price Performance

The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.38 and a current ratio of 1.78. The firm has a fifty day simple moving average of C$0.77 and a two-hundred day simple moving average of C$0.59. The firm has a market cap of C$165.47 million, a PE ratio of -4.87 and a beta of 0.79.

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.