Tudor Gold (CVE:TUD) Stock Price Up 16.9% - What's Next?

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 - )'s share price rose 16.9% during trading on Monday . The company traded as high as C$1.07 and last traded at C$1.04. Approximately 1,234,274 shares were traded during mid-day 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 Trading Up 23.6%

The firm has a market cap of C$290.54 million, a P/E ratio of -36.67 and a beta of 0.72. The stock has a fifty day simple moving average of C$0.62 and a 200 day simple moving average of C$0.60. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.43 and a current ratio of 3.97.

Insider Activity

In other news, Director Helmut Finger sold 7,415,460 shares of the firm's stock in a transaction on Monday, September 8th. The stock was 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 in the company, valued at C$25,164,430.71. This trade represents a 13.07% decrease in their position. In the last quarter, insiders sold 7,546,460 shares of company stock valued at $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.

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