Tudor Gold (CVE:TUD) Stock Price Up 22.9% - Here's Why

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.

Tudor Gold Corp. (CVE:TUD - )'s stock price rose 22.9% on Saturday . The company traded as high as C$0.87 and last traded at C$0.86. Approximately 2,115,945 shares were traded during 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 Trading Up 22.9%

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 stock's 50-day moving average is C$0.58 and its two-hundred day moving average is C$0.59. The stock has a market cap of C$225.19 million, a P/E ratio of -28.67 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.

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