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

Key Points

• Tudor Gold Corp. experienced a significant stock price increase of 22.9%, reaching C$0.87 during mid-day trading, up from a previous close of C$0.70.
• Trading volume surged by 581%, with approximately 2,115,945 shares changing hands, compared to the average daily volume of 310,885 shares.
• The company has a market cap of C$225.19 million and primarily focuses on the exploration of gold, copper, and silver through its flagship Treaty Creek project in British Columbia.

Tudor Gold Corp. (CVE:TUD - Get Free Report) shares traded up 22.9% on Saturday . The company traded as high as C$0.87 and last traded at C$0.86. 2,115,945 shares traded hands 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 Trading Up 12.8%

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 firm's 50 day moving average is C$0.59 and its 200 day moving average is C$0.59. The company has a market capitalization of C$256.20 million, a PE ratio of -32.33 and a beta of 0.72.

About Tudor Gold

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.