Tudor Gold (CVE:TUD) Stock Price Down 12.5% – What’s Next?

by · The Cerbat Gem

Tudor Gold Corp. (CVE:TUD – Get Free Report) dropped 12.5% on Tuesday . The company traded as low as C$0.75 and last traded at C$0.77. Approximately 2,491,268 shares changed hands during mid-day trading, an increase of 440% from the average daily volume of 461,481 shares. The stock had previously closed at C$0.88.

Tudor Gold Price Performance

The company has a market cap of C$299.36 million, a price-to-earnings ratio of -39.50 and a beta of 1.02. The company’s 50-day simple moving average is C$0.89 and its 200-day simple moving average is C$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.

Insiders Place Their Bets

In other Tudor Gold news, Director Helmut Finger sold 58,000 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were 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 owned 49,103,021 shares in the company, valued at C$45,665,809.53. The trade was a 0.12% decrease in their ownership of the stock. Insiders have sold a total of 7,546,460 shares of company stock worth $3,904,745 in the last three months. 40.60% of the stock is owned by insiders.

Tudor Gold Company Profile

(Get Free Report)

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.

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