Tudor Gold (CVE:TUD) Stock Price Up 22.9% - Should You Buy?

Key Points

• Tudor Gold Corp. shares surged by 22.9% to C$0.86, significantly increasing trading volume by 581% from average daily levels.
• The company has a market cap of C$225.19 million and maintains low debt with a debt-to-equity ratio of 0.22.
• Tudor Gold primarily focuses on the exploration of precious metals, with its flagship project located in the Golden Triangle area of British Columbia.

Tudor Gold Corp. (CVE:TUD - Get Free Report) was up 22.9% on Saturday . The company traded as high as C$0.87 and last traded at C$0.86. Approximately 2,115,945 shares traded hands during mid-day 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 Price Performance

The stock has a market cap of C$225.19 million, a price-to-earnings ratio of -28.67 and a beta of 0.72. 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 company's 50-day moving average is C$0.58 and its 200-day moving average is 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.