Honey Badger Silver (CVE:TUF) Shares Up 47.7% - Here's What Happened

Key Points

• Shares jumped 47.7% — Honey Badger Silver (CVE:TUF) traded as high as C$0.49 and last at C$0.48 after closing at C$0.33, with volume of 3,123,227 shares (a 591% increase versus average).
• Company focus: Honey Badger explores and develops silver, cobalt, gold, zinc and lead, holding 100% of the Clear Lake deposit (Yukon) and the Nanisivik project (Nunavut), plus Plata, Groundhog and Hy projects in Yukon.
• Market metrics: The firm has a market cap of C$56.21 million, a negative P/E of -9.60, 50-/200-day moving averages of C$0.25/C$0.22, and a beta of 0.33.

Honey Badger Silver Inc. (CVE:TUF - )'s stock price shot up 47.7% on Tuesday . The company traded as high as C$0.49 and last traded at C$0.48. 3,123,227 shares were traded during mid-day trading, an increase of 591% from the average session volume of 451,934 shares. The stock had previously closed at C$0.33.

Honey Badger Silver Price Performance

The business's 50-day moving average price is C$0.25 and its two-hundred day moving average price is C$0.22. The firm has a market cap of C$56.21 million, a price-to-earnings ratio of -9.60 and a beta of 0.33.

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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