Tudor Gold (CVE:TUD) Trading 22.9% Higher - Should You Buy?

Key Points

• Tudor Gold Corp. shares rose by 22.9% to C$0.86, experiencing a significant increase in trading volume, up 581% compared to the average session.
• The company has a decent financial standing with a quick ratio of 1.43, a current ratio of 3.97, and a low debt-to-equity ratio of 0.22.
• Tudor Gold focuses on the exploration and development of mineral properties in Canada, primarily targeting gold, copper, and silver at its flagship Treaty Creek property.

Tudor Gold Corp. (CVE:TUD - Get Free Report) 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 changed 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 Stock Performance

The firm has a market capitalization of C$225.19 million, a PE ratio of -28.67 and a beta of 0.72. 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's fifty day simple moving average is C$0.58 and its 200 day simple moving average is C$0.59.

Tudor Gold Company Profile

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.