Tudor Gold (CVE:TUD) Trading 22.9% Higher - Time to Buy?

Key Points

• Tudor Gold Corp. shares increased by 22.9% to C$0.86, with a significant rise in trading volume of 581% compared to the average session volume.
• The company's market cap is C$225.19 million, and it has a debt-to-equity ratio of 0.22.
• Tudor Gold specializes in the exploration of mineral properties in Canada, focusing on gold, copper, silver, and other precious metals at its flagship Treaty Creek property.

Tudor Gold Corp. (CVE:TUD - Get Free Report) rose 22.9% on Saturday . The stock traded as high as C$0.87 and last traded at C$0.86. Approximately 2,115,945 shares were traded during mid-day trading, an increase of 581% from the average daily volume of 310,885 shares. The stock had previously closed at C$0.70.

Tudor Gold Stock Performance

The company has a 50-day moving average of C$0.60 and a 200 day moving average of C$0.59. The company has a quick ratio of 1.43, a current ratio of 3.97 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of C$233.75 million, a PE ratio of -29.50 and a beta of 0.72.

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.