Tudor Gold (CVE:TUD) Trading 16.3% Higher - Time to Buy?

Key Points

• Tudor Gold Corp. shares surged by 16.3% during trading, reaching a price of C$1.00 after closing at C$0.86, with trading volume increasing by 339% compared to average daily volumes.
• The company's market capitalization is C$252.24 million, with a price-to-earnings ratio of -31.83 and a debt-to-equity ratio of 0.22.
• Tudor Gold primarily focuses on the exploration and development of mineral properties, especially for gold, copper, and silver, with its flagship project located in the Golden Triangle area of British Columbia.

Tudor Gold Corp. (CVE:TUD - Get Free Report)'s stock price rose 16.3% during mid-day trading on Monday . The company traded as high as C$1.02 and last traded at C$1.00. Approximately 1,393,500 shares changed hands during trading, an increase of 339% from the average daily volume of 317,127 shares. The stock had previously closed at C$0.86.

Tudor Gold Stock Down 3.8%

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 firm has a market cap of C$233.75 million, a PE ratio of -29.50 and a beta of 0.72. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.97 and a quick ratio of 1.43.

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.