Tudor Gold (CVE:TUD) Trading Up 19.1% - Here's What Happened

Key Points

• Tudor Gold Corp.'s share price surged by 19.1% during trading, with the stock closing at C$1.06 after peaking at C$1.09.
• Insider transactions revealed that Director Helmut Finger sold over 7.4 million shares, reducing their ownership by 13.07% and indicating potential concerns about the company's future.
• The company has a market capitalization of C$290.54 million and a P/E ratio of -36.67, suggesting it is currently operating at a loss.

Shares of Tudor Gold Corp. (CVE:TUD - Get Free Report) were up 19.1% during mid-day trading on Monday . The stock traded as high as C$1.09 and last traded at C$1.06. Approximately 2,054,333 shares changed hands during mid-day trading, an increase of 492% from the average daily volume of 346,729 shares. The stock had previously closed at C$0.89.

Tudor Gold Stock Up 14.4%

The company has a quick ratio of 1.43, a current ratio of 3.97 and a debt-to-equity ratio of 0.22. The company's fifty day moving average is C$0.67 and its 200-day moving average is C$0.61. The company has a market cap of C$282.62 million, a PE ratio of -35.67 and a beta of 0.72.

Insider Transactions at Tudor Gold

In related news, Director Helmut Finger sold 58,000 shares of the firm's stock in a transaction that occurred on 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 in the company, valued at approximately C$45,665,809.53. This trade represents a 0.12% decrease in their ownership of the stock. Insiders have sold a total of 7,546,460 shares of company stock valued at $3,904,745 in the last 90 days. Company insiders own 40.60% of the company's stock.

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.