Tudor Gold (CVE:TUD) Shares Up 16.9% - Time to Buy?

Key Points

• Tudor Gold Corp. experienced a significant stock price increase of 16.9%, closing at C$1.04 after trading as high as C$1.07, with a trading volume increase of 264%.
• Insider activity showed that Director Helmut Finger sold over 7.4 million shares of the company at an average price of C$0.51, resulting in a 13.07% decrease in his ownership stake.
• The company, with a market cap of C$290.54 million, focuses on exploring gold, copper, silver, and other minerals in Canada, particularly through its flagship Treaty Creek property.

Tudor Gold Corp. (CVE:TUD - Get Free Report) shares rose 16.9% on Monday . The company traded as high as C$1.07 and last traded at C$1.04. Approximately 1,234,274 shares changed hands during trading, an increase of 264% from the average daily volume of 339,123 shares. The stock had previously closed at C$0.89.

Tudor Gold Stock 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 firm has a market capitalization of C$282.62 million, a P/E ratio of -35.67 and a beta of 0.72. The stock's 50 day moving average is C$0.67 and its two-hundred day moving average is C$0.61.

Insider Buying and Selling

In other Tudor Gold news, Director Helmut Finger sold 58,000 shares of Tudor Gold stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of C$0.93, for a total transaction of C$53,940.00. Following the transaction, the director directly owned 49,103,021 shares in the company, valued at approximately C$45,665,809.53. The trade was a 0.12% decrease in their ownership of the stock. Over the last 90 days, insiders sold 7,546,460 shares of company stock worth $3,904,745. Company insiders own 40.60% of the company's stock.

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.