Tudor Gold (CVE:TUD) Shares Up 22.9% - Time to Buy?

Key Points

• Tudor Gold Corp. shares surged by 22.9%, reaching C$0.87, while trading volume increased significantly to over 2 million shares, compared to an average of 310,885 shares.
• The company's market capitalization stands at C$225.19 million, with a current ratio of 3.97 and a low debt-to-equity ratio of 0.22, indicating solid financial health.
• Tudor Gold primarily focuses on the exploration and development of mineral properties, with its flagship project being the Treaty Creek property in British Columbia's Golden Triangle region.

Tudor Gold Corp. (CVE:TUD - Get Free Report) traded 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 traded hands 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 Trading Up 12.8%

The stock has a 50-day moving average price of C$0.58 and a two-hundred day moving average price of C$0.59. The stock has a market capitalization of C$256.20 million, a PE ratio of -32.33 and a beta of 0.72. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.43 and a current ratio of 3.97.

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.