Tudor Gold (CVE:TUD) Trading 22.9% Higher - Here's Why

Key Points

• Shares of Tudor Gold Corp. (CVE:TUD) rose by 22.9% in mid-day trading, reaching a peak of C$0.87.
• The trading volume was approximately 2,115,945 shares, significantly up by 581% compared to the average daily volume of 310,885 shares.
• Tudor Gold focuses on exploring and developing mineral properties in Canada, particularly the Treaty Creek property in the Golden Triangle region of British Columbia.

Shares of Tudor Gold Corp. (CVE:TUD - Get Free Report) rose 22.9% during mid-day trading on Saturday . The company traded as high as C$0.87 and last traded at C$0.86. Approximately 2,115,945 shares changed hands during trading, an increase of 581% from the average daily volume of 310,885 shares. The stock had previously closed at C$0.70.

Tudor Gold Stock Performance

The stock has a fifty day simple moving average of C$0.59 and a 200-day simple moving average of C$0.59. The stock has a market cap of C$256.20 million, a P/E 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.

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.