Tudor Gold (CVE:TUD) Shares Down 12.5% – Time to Sell?

Tudor Gold Corp. (CVE:TUD)’s stock price fell 12.5% during trading on Tuesday . The company traded as low as C$0.75 and last traded at C$0.77. 598,603 shares traded hands during trading, an increase of 32% from the average session volume of 452,580 shares. The stock had previously closed at C$0.88.

Tudor Gold Trading Down 12.5%

The company has a market cap of C$291.78 million, a price-to-earnings ratio of -38.50 and a beta of 1.02. The firm has a 50-day moving average price of C$0.91 and a 200 day moving average price of C$0.72. The company has a current ratio of 3.97, a quick ratio of 1.43 and a debt-to-equity ratio of 0.22.

Insider Buying and Selling

In other Tudor Gold news, Director Helmut Finger sold 7,415,460 shares of Tudor Gold stock in a transaction on Monday, September 8th. The shares were sold at an average price of C$0.51, for a total value of C$3,781,884.60. Following the completion of the transaction, the director owned 49,342,021 shares of the company’s stock, valued at C$25,164,430.71. The trade was a 13.07% decrease in their ownership of the stock. Insiders have sold a total of 7,546,460 shares of company stock valued at $3,904,745 over the last three months. Insiders own 40.60% of the company’s stock.

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.