Tudor Gold (CVE:TUD) Shares Up 11.6% - What's Next?

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 - Get Free Report)'s share price traded up 11.6% during mid-day trading on Monday . The stock traded as high as C$1.01 and last traded at C$0.96. 925,215 shares were traded during mid-day trading, an increase of 196% from the average session volume of 312,262 shares. The stock had previously closed at C$0.86.

Tudor Gold Price Performance

The stock has a market cap of C$235.07 million, a P/E ratio of -29.67 and a beta of 0.72. 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 company's fifty day simple moving average is C$0.62 and its 200-day simple moving average is C$0.60.

Insider Buying and Selling at Tudor Gold

In other news, Director Helmut Finger sold 58,000 shares of the company's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of C$0.93, for a total value of C$53,940.00. Following the sale, the director owned 49,103,021 shares of the company's stock, valued at approximately C$45,665,809.53. This represents a 0.12% decrease in their position. Over the last 90 days, insiders have sold 7,546,460 shares of company stock valued at $3,904,745. 40.60% of the stock is currently owned by corporate insiders.

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.