Honey Badger Silver (CVE:TUF) Stock Price Down 9% - Time to Sell?

Key Points

• Honey Badger Silver (CVE:TUF) shares fell 9% during mid-day trading to C$0.71 from a prior close of C$0.78, hitting an intraday low of C$0.71.
• Trading volume surged to 1,844,297 shares, up 221% from the average session volume of 575,361, while the stock trades well above its 50-day (C$0.28) and 200-day (C$0.24) moving averages.
• The company is a mineral explorer with a market cap of C$83.15 million and a negative P/E (-14.20), holding projects such as the Clear Lake and Nanisivik deposits and targeting silver, cobalt, gold, zinc, and lead.

Honey Badger Silver Inc. (CVE:TUF - ) shares fell 9% during mid-day trading on Thursday . The stock traded as low as C$0.71 and last traded at C$0.71. 1,844,297 shares were traded during mid-day trading, an increase of 221% from the average session volume of 575,361 shares. The stock had previously closed at C$0.78.

Honey Badger Silver Trading Down 9.0%

The company has a 50 day moving average price of C$0.28 and a 200-day moving average price of C$0.24. The company has a market cap of C$83.15 million, a P/E ratio of -14.20 and a beta of 0.60.

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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