Tudor Gold (CVE:TUD) Shares Up 19.1% - Time to Buy?

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.

Tudor Gold Corp. (CVE:TUD - )'s share price shot up 19.1% during trading on Monday . The company traded as high as C$1.09 and last traded at C$1.06. 2,054,333 shares traded hands during mid-day trading, an increase of 492% from the average session volume of 346,729 shares. The stock had previously closed at C$0.89.

Tudor Gold Price Performance

The stock has a market capitalization of C$290.54 million, a P/E ratio of -36.67 and a beta of 0.72. The business's 50 day simple moving average is C$0.62 and its two-hundred day simple moving average is C$0.60. The company has a quick ratio of 1.43, a current ratio of 3.97 and a debt-to-equity ratio of 0.22.

Insider Buying and Selling at Tudor Gold

In other Tudor Gold news, Director Helmut Finger sold 7,415,460 shares of the firm's stock in a transaction on Monday, September 8th. The shares were sold at an average price of C$0.51, for a total value of C$3,781,884.60. Following the transaction, the director directly owned 49,342,021 shares of the company's stock, valued at approximately C$25,164,430.71. This trade represents a 13.07% decrease in their ownership of the stock. Insiders have sold 7,546,460 shares of company stock valued at $3,904,745 over the last 90 days. 40.60% of the stock is currently owned by company 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.

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