Tudor Gold (CVE:TUD) Shares Up 16.3% - What's Next?

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) traded up 16.3% on Monday . The stock traded as high as C$1.02 and last traded at C$1.00. 1,393,500 shares changed hands during trading, an increase of 339% from the average session volume of 317,127 shares. The stock had previously closed at C$0.86.

Tudor Gold Stock Down 7.3%

The firm has a 50 day simple moving average of C$0.62 and a two-hundred day simple moving average of C$0.60. 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 market capitalization of C$235.07 million, a P/E ratio of -29.67 and a beta of 0.72.

Insiders Place Their Bets

In other Tudor Gold news, Director Helmut Finger sold 58,000 shares of the company's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of C$0.93, for a total transaction of C$53,940.00. Following the completion of the sale, the director directly owned 49,103,021 shares in the company, valued at C$45,665,809.53. This represents a 0.12% decrease in their ownership of the stock. Insiders sold 7,546,460 shares of company stock worth $3,904,745 in the last three months. 40.60% of the stock is owned by corporate insiders.

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.