Tudor Gold (CVE:TUD) Shares Up 11.6% - Here's Why

Key Points

• Tudor Gold Corp. shares increased by 11.6%, reaching a trading price of C$0.96, following a significant rise in trading volume of 196% compared to its average.
• The company has a market capitalization of C$254 million and operates without significant debt, indicated by a debt-to-equity ratio of 0.22.
• Tudor Gold specializes in the exploration of minerals, primarily focusing on gold, copper, and silver, with its flagship project being the Treaty Creek property in British Columbia's Golden Triangle.

Tudor Gold Corp. (CVE:TUD - )'s share price was up 11.6% during trading on Monday . The stock traded as high as C$1.01 and last traded at C$0.96. Approximately 925,215 shares traded hands during trading, an increase of 196% from the average daily volume of 312,262 shares. The stock had previously closed at C$0.86.

Tudor Gold Trading Up 12.8%

The company has a current ratio of 3.97, a quick ratio of 1.43 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of C$0.58 and a two-hundred day simple moving average of C$0.59. The firm has a market cap of C$254.00 million, a PE ratio of -32.33 and a beta of 0.72.

About Tudor Gold

Tudor Gold Corp., a junior exploration company, engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, silver, and other precious and base metals. Its flagship project is the Treaty Creek property covering an area of 17,913 hectares located in the Golden Triangle area to the north of Stewart, British Columbia.

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