Tudor Gold (CVE:TUD) Shares Up 22.9% - Should You Buy?

Key Points

• Tudor Gold Corp. shares surged by 22.9% recently, reaching a trading price of C$0.86 after a previous close of C$0.70.
• The stock saw a significant increase in volume, trading 2,115,945 shares, which is 581% higher than its average session volume.
• Tudor Gold is primarily focused on the exploration of precious and base metals, with its flagship project located in the Golden Triangle area of British Columbia.

Tudor Gold Corp. (CVE:TUD - )'s share price shot up 22.9% during trading on Saturday . The stock traded as high as C$0.87 and last traded at C$0.86. 2,115,945 shares traded hands during trading, an increase of 581% from the average session volume of 310,885 shares. The stock had previously closed at C$0.70.

Tudor Gold Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 3.97 and a quick ratio of 1.43. The company has a 50 day moving average price of C$0.58 and a 200 day moving average price of C$0.59. The firm has a market cap of C$225.19 million, a PE ratio of -28.67 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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