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Tudor Gold (CVE:TUD) Trading Up 22.9% - What's Next?

Tudor Gold logo with Basic Materials background

Key Points

  • Tudor Gold Corp. (CVE:TUD) shares rose by 22.9% on Saturday, reaching a trading price of C$0.86 after closing at C$0.70.
  • Trading volume saw a significant increase, with over 2.1 million shares exchanged, marking a 581% increase compared to its average volume.
  • The company's key asset is the Treaty Creek property in British Columbia, which covers 17,913 hectares and is part of its focus on exploring precious metals.
  • MarketBeat previews the top five stocks to own by October 1st.

Tudor Gold Corp. (CVE:TUD - Get Free Report)'s stock price was up 22.9% during mid-day trading on Saturday . The company traded as high as C$0.87 and last traded at C$0.86. Approximately 2,115,945 shares traded hands 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 Price 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 stock has a 50 day moving average price of C$0.62 and a 200-day moving average price of C$0.60. The stock has a market capitalization of C$253.56 million, a price-to-earnings ratio of -32.00 and a beta of 0.72.

Insider Activity

In other 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 sale, the director directly owned 49,342,021 shares of the company's stock, 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 owned by corporate insiders.

About Tudor Gold

(Get Free Report)

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.

Further Reading

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