Honey Badger Silver (CVE:TUF) Hits New 52-Week High – Time to Buy?

Honey Badger Silver Inc. (CVE:TUFGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$1.17 and last traded at C$1.11, with a volume of 1550704 shares trading hands. The stock had previously closed at C$1.10.

Honey Badger Silver Price Performance

The firm has a 50 day simple moving average of C$0.50 and a 200-day simple moving average of C$0.31. The company has a quick ratio of 1.38, a current ratio of 3.42 and a debt-to-equity ratio of 2.29. The company has a market cap of C$162.20 million, a PE ratio of -34.67 and a beta of 0.60.

Honey Badger Silver Company Profile

(Get Free Report)

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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