Tudor Gold (CVE:TUD) Shares Down 12.5% – Here’s Why

Tudor Gold Corp. (CVE:TUD)’s share price traded down 12.5% on Tuesday . The stock traded as low as C$0.75 and last traded at C$0.77. 1,511,522 shares changed hands during mid-day trading, an increase of 233% from the average session volume of 453,868 shares. The stock had previously closed at C$0.88.

Tudor Gold Trading Down 2.5%

The stock has a market capitalization of C$299.36 million, a price-to-earnings ratio of -39.50 and a beta of 1.02. The business has a 50-day moving average of C$0.89 and a 200-day moving average of C$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.

Insider Buying and Selling

In related news, Director Helmut Finger sold 58,000 shares of the company’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of C$0.93, for a total value 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. This represents a 0.12% decrease in their position. In the last ninety days, insiders have sold 7,546,460 shares of company stock valued at $3,904,745. 40.60% of the stock is owned by corporate insiders.

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.