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

Key Points

• Tudor Gold Corp. experienced a stock price increase of 22.9%, closing at C$0.86 after trading as high as C$0.87.
• The trading volume surged to 2,115,945 shares, representing a 581% increase compared to the average daily volume.
• The company is primarily focused on the exploration and development of gold, copper, and silver mineral properties in Canada, with its flagship project being the Treaty Creek property.

Shares of Tudor Gold Corp. (CVE:TUD - Get Free Report) traded up 22.9% during trading on Saturday . The company traded as high as C$0.87 and last traded at C$0.86. 2,115,945 shares were traded during mid-day 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 company has a quick ratio of 1.43, a current ratio of 3.97 and a debt-to-equity ratio of 0.22. The stock has a 50 day simple moving average of C$0.62 and a 200 day simple moving average of C$0.60. The company has a market capitalization of C$253.56 million, a price-to-earnings ratio of -32.00 and a beta of 0.72.

Insider Buying and Selling

In other Tudor Gold news, Director Helmut Finger sold 7,415,460 shares of Tudor Gold stock in a transaction that occurred 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 completion of the transaction, the director directly owned 49,342,021 shares in the company, valued at C$25,164,430.71. The trade was a 13.07% decrease in their ownership of the stock. 40.60% of the stock is currently owned by insiders.

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.