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

Tudor Gold Corp. (CVE:TUD) shares fell 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.75 and last traded at C$0.77. 598,603 shares were traded 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 business’s 50-day moving average price is C$0.91 and its 200 day moving average price 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. The firm has a market capitalization of C$291.78 million, a price-to-earnings ratio of -38.50 and a beta of 1.02.

Insider Buying and Selling

In other Tudor Gold news, Director Helmut Finger sold 7,415,460 shares of the company’s stock in a transaction dated 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 directly owned 49,342,021 shares of the company’s stock, valued at C$25,164,430.71. This represents a 13.07% decrease in their position. In the last quarter, insiders have sold 7,546,460 shares of company stock valued at $3,904,745. Insiders own 40.60% of the company’s stock.

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.