Honey Badger Silver (CVE:TUF) Sets New 1-Year High - Here's Why

Key Points

• Honey Badger Silver (CVE:TUF) shares reached a new 52-week high of C$0.44 (last C$0.43) on Monday with about 2.07 million shares traded, up from a prior close of C$0.33.
• The company has a market cap of C$56.21 million, a negative PE of -9.60 and low volatility (beta 0.33), and the stock is trading well above its 50‑day (C$0.24) and 200‑day (C$0.22) moving averages, indicating a recent breakout despite being unprofitable.
• Honey Badger is a mineral explorer focused on silver, cobalt, gold, zinc and lead, holding 100% of the Clear Lake deposit in Yukon and the Nanisivik project in Nunavut, plus additional Yukon prospects.

Honey Badger Silver Inc. (CVE:TUF - )'s share price reached a new 52-week high during trading on Monday . The company traded as high as C$0.44 and last traded at C$0.43, with a volume of 2069353 shares changing hands. The stock had previously closed at C$0.33.

Honey Badger Silver Stock Performance

The company has a market capitalization of C$56.21 million, a PE ratio of -9.60 and a beta of 0.33. The firm's 50-day simple moving average is C$0.24 and its 200 day simple moving average is C$0.22.

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.

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