Honey Badger Silver (CVE:TUF) Trading Up 16.7% – Here’s Why

Honey Badger Silver Inc. (CVE:TUF) shares traded up 16.7% during mid-day trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.14. 130,000 shares traded hands during mid-day trading, an increase of 121% from the average session volume of 58,736 shares. The stock had previously closed at C$0.12.

Honey Badger Silver Stock Performance

The company has a market capitalization of C$9.05 million, a P/E ratio of -4.47 and a beta of 2.06. The business has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.11.

Insider Activity at Honey Badger Silver

In related news, Senior Officer Chad Williams bought 600,000 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were purchased at an average price of C$0.13 per share, for a total transaction of C$78,000.00. 39.55% of the stock is currently owned by insiders.

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.