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

Key Points

• Tudor Gold Corp. shares surged by 22.9% on Saturday, reaching a high of C$0.87 before closing at C$0.86.
• Trading volume increased dramatically to 2,115,945 shares, which is 581% higher than the average of 310,885 shares.
• The company's market capitalization stands at C$225.19 million with a notable debt-to-equity ratio of 0.22, indicating manageable leverage.

Tudor Gold Corp. (CVE:TUD - ) shares traded up 22.9% during trading on Saturday . The company 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 company has a market capitalization of C$225.19 million, a P/E ratio of -28.67 and a beta of 0.72. The company has a current ratio of 3.97, a quick ratio of 1.43 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average price of C$0.58 and a 200 day moving average price of C$0.59.

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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