Honey Badger Silver (CVE:TUF) Trading 13.8% Higher – Still a Buy?

Honey Badger Silver Inc. (CVE:TUF)’s stock price rose 13.8% during mid-day trading on Thursday . The stock traded as high as C$0.76 and last traded at C$0.74. Approximately 1,147,054 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 829,913 shares. The stock had previously closed at C$0.65.

Honey Badger Silver Trading Up 20.0%

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 firm has a fifty day simple moving average of C$0.61 and a 200-day simple moving average of C$0.35. The firm has a market cap of C$121.65 million, a P/E ratio of -19.50 and a beta of 0.51.

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.