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

Key Points

• Tudor Gold Corp. shares surged by 22.9%, trading as high as C$0.87 during mid-day trading, up from a previous close of C$0.70.
• Trading volume reached 2,115,945 shares, a significant 581% increase compared to the average session volume of 310,885 shares.
• The company's market cap currently stands at C$225.19 million, with a notable debt-to-equity ratio of 0.22 and a PE ratio of -28.67.

Tudor Gold Corp. (CVE:TUD - Get Free Report) shot up 22.9% during trading on Saturday . The stock traded as high as C$0.87 and last traded at C$0.86. 2,115,945 shares were traded during 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 Down 3.8%

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$0.60 and a 200 day simple moving average of C$0.59. The stock has a market cap of C$233.75 million, a price-to-earnings 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.