Honey Badger Exploration Inc (TSE:TUF)
:TUF
Top Page
Honey Badger Exploration
(TUF)
Select Model
Select Model
Rating:50Neutral
Price Target:
C$0.24
▲(11.90% Upside)
Action:ReiteratedDate:01/15/26
The score is held back primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn), partially offset by a constructive technical setup (price above key moving averages with positive MACD). Valuation remains constrained by negative earnings and no dividend support.
Positive Factors
Conservative capital structure
Zero reported debt and a move to positive equity provides durable financial flexibility. Lower leverage reduces interest and refinancing risk, making it easier to raise project funding on non-distressed terms and extend runway while management pursues exploration milestones.
Negative Factors
Pre-revenue operating model
Absence of revenue indicates the company is pre‑commercial and dependent on external capital for operations. Without operating inflows, profitability and margin improvement remain hypothetical, leaving project timelines and returns uncertain over the 2–6 month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative capital structure
Zero reported debt and a move to positive equity provides durable financial flexibility. Lower leverage reduces interest and refinancing risk, making it easier to raise project funding on non-distressed terms and extend runway while management pursues exploration milestones.
Read all positive factors
Honey Badger Exploration (TUF) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$31.28M
Dividend YieldN/A
Average Volume (3M)227.08K
Price to Earnings (P/E)―
Beta (1Y)2.05
Revenue GrowthN/A
EPS Growth-17.86%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding130,314,220
10 Day Avg. Volume255,686
30 Day Avg. Volume227,084
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)24.19
Price to Sales (P/S)0.00
P/FCF Ratio-3.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Honey Badger Exploration Business Overview & Revenue Model
Company Description
Honey Badger Silver Inc. acquires, explores for, and develops mineral properties in Canada. It primarily explores for silver, cobalt, gold, zinc, lead, and diamond deposits. The company's flagship project is the Thunder Bay Polymetallic Silver Pro...
How the Company Makes Money
Honey Badger Exploration makes money through the identification, exploration, and eventual sale or partnership of its mineral properties. The company's revenue model primarily involves increasing the value of its exploration properties through suc...
Honey Badger Exploration Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
55
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -18.00K | -95.30K | -115.43K | -111.12K | 0.00 | 0.00 |
| EBITDA | -3.07M | -2.13M | -34.15K | -1.64M | -7.25M | -346.77K |
| Net Income | -3.05M | -2.13M | -1.84M | -1.64M | -7.25M | -379.77K |
Balance Sheet | ||||||
| Total Assets | 2.77M | 649.37K | 344.01K | 638.98K | 2.44M | 728.21K |
| Cash, Cash Equivalents and Short-Term Investments | 2.62M | 484.80K | 304.28K | 577.09K | 2.26M | 659.58K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 791.94K | 388.75K | 552.50K | 307.09K | 683.47K | 408.32K |
| Stockholders Equity | 1.98M | 260.61K | -208.49K | 331.89K | 1.76M | 319.89K |
Cash Flow | ||||||
| Free Cash Flow | -2.13M | -1.77M | -1.51M | -1.60M | -1.40M | -793.44K |
| Operating Cash Flow | -2.13M | -1.77M | -1.51M | -1.60M | -1.40M | -793.44K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 125.17K |
| Financing Cash Flow | 4.44M | 1.67M | 1.22M | 0.00 | 3.30M | 588.36K |
Honey Badger Exploration Technical Analysis
Positive
0.21
Price Trends
0.22
Positive
0.21
Positive
0.21
Positive
Market Momentum
0.01
Negative
57.76
Neutral
64.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TUF, the sentiment is Positive. The current price of 0.21 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.22, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.76 is Neutral, neither overbought nor oversold. The STOCH value of 64.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TUF.
Honey Badger Exploration Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$16.29M | -13.29 | -4.21% | ― | ― | 66.86% | |
53 Neutral | C$64.03M | 24.62 | -3.35% | ― | ― | 77.78% | |
50 Neutral | C$31.28M | -4.54 | -499.11% | ― | ― | -17.86% | |
49 Neutral | C$22.54M | -95.86 | 3.88% | ― | ― | ― | |
47 Neutral | C$23.22M | -7.18 | -79.06% | ― | ― | 2.25% |
* Basic Materials Sector Average
TSE:TUF
Honey Badger Exploration
0.24
0.15
166.67%
TSE:DIAM
Star Diamond
0.03
-0.03
-45.45%
TSE:AIR
Clean Air Metals
0.07
0.02
44.44%
TSE:NEXU
Nexus Uranium
1.08
-0.82
-43.16%
TSE:KFR
Kingfisher Metals
0.72
0.44
157.14%
TSE:ALEX
Alpha Exploration Ltd.
0.48
-0.18
-27.27%
Honey Badger Exploration Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Honey Badger Shareholders Back Board Slate and Governance Measures at Annual Meeting
Positive
Jan 27, 2026
Honey Badger Silver Inc. reported that shareholders at its January 26, 2026 Annual Special Meeting approved all items on the agenda, including the election of its slate of six directors, the appointment of the auditor and the company’s stoc...
Business Operations and Strategy
Honey Badger Uncovers High-Grade Critical Minerals at Plata Project in Yukon
Positive
Jan 21, 2026
Honey Badger Silver has identified extensive high-grade antimony, copper and tungsten mineralization at its Plata project in Yukon, adding a suite of critical minerals to the property’s already known silver-, gold-, lead- and zinc-rich zones...
Business Operations and StrategyPrivate Placements and Financing
Honey Badger Silver Raises $2.25 Million in Private Placement to Advance Silver Projects
Positive
Jan 19, 2026
Honey Badger Silver Inc. has closed a non-brokered private placement of 12,499,998 units at $0.18 per unit, raising approximately $2.25 million in gross proceeds, with each unit comprising one common share and a warrant exercisable at $0.23 for th...
Business Operations and StrategyPrivate Placements and Financing
Honey Badger Silver Upsizes Private Placement to C$2.25 Million on Strong Demand
Positive
Dec 31, 2025
Honey Badger Silver has upsized its previously announced non-brokered private placement from C$1.5 million to approximately C$2.25 million, citing strong investor demand for up to 12.5 million units priced at C$0.18 each. The company plans to use ...
Business Operations and StrategyPrivate Placements and Financing
Honey Badger Silver Seeks Up to C$1.5 Million in Private Placement to Advance Projects
Positive
Dec 29, 2025
Honey Badger Silver Inc. plans to raise up to C$1.5 million through a non-brokered private placement of units priced at C$0.18, each comprising one common share and a warrant exercisable at C$0.23 for 36 months, with closing expected in mid-Januar...
Business Operations and StrategyPrivate Placements and Financing
Honey Badger Silver Secures 12% Physical Silver Yield via Monetary Metals Loan
Positive
Dec 23, 2025
Honey Badger Silver has entered into its first strategic partnership with Monetary Metals Co. through a 10,000-ounce silver loan investment that earns a 12% annual yield, payable in physical silver, with maturity in August 2027. The transaction, ...
Business Operations and StrategyExecutive/Board Changes
Honey Badger Silver Strengthens Board with New Appointment
Positive
Dec 8, 2025
Honey Badger Silver Inc. has appointed Michael Jalonen to its Board of Directors. Jalonen, with 34 years of capital markets expertise and a notable career as a leading precious metals mining analyst, is expected to enhance the company’s stra...
Business Operations and Strategy
Honey Badger Silver Unveils Promising Discoveries at Nanisivik Project
Positive
Dec 1, 2025
Honey Badger Silver Inc. has announced significant findings from its recent geophysical survey and prospecting work at the Nanisivik Project in Nunavut. The discovery of new zones with strong conductivity at the Area 14 and Oceanview targets, alon...
Business Operations and Strategy
Honey Badger Discovers New Mineral Zones at Plata Project
Positive
Nov 19, 2025
Honey Badger Silver Inc. has identified two new mineral zones, Inferno and Pimento, at its Plata Project in the Yukon, which contain silver, gold, lead, and zinc. This discovery follows a successful fieldwork program that included soil sampling an...
Business Operations and Strategy
Honey Badger Unveils Promising New ‘Canela’ Zone at Plata Project
Positive
Nov 13, 2025
Honey Badger Silver Inc. has announced the discovery of a new gold and silver zone named ‘Canela’ at its Plata Project in the Yukon. This discovery, resulting from recent soil sampling and prospecting, highlights significant mineraliza...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.