Tudor Gold (CVE:TUD) Trading 22.9% Higher - Still a Buy?

Key Points

• Tudor Gold Corp. shares surged by 22.9% during mid-day trading, reaching a high of C$0.87, which represents a significant increase compared to its previous closed price of C$0.70.
• The trading volume for Tudor Gold was 2,115,945 shares, marking an increase of 581% from its average session volume of 310,885 shares.
• The company specializes in exploring gold, copper, and silver in Canada, with its flagship project being the Treaty Creek property in the Golden Triangle area of British Columbia.

Tudor Gold Corp. (CVE:TUD - ) shares traded up 22.9% during mid-day 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 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 Up 22.9%

The stock has a market capitalization of C$225.19 million, a price-to-earnings ratio of -28.67 and a beta of 0.72. The firm's fifty day moving average is C$0.58 and its 200-day moving average is C$0.59. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.97 and a quick ratio of 1.43.

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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