Tudor Gold (CVE:TUD) Shares Down 5.6% – Here’s Why

Tudor Gold Corp. (CVE:TUD)’s share price fell 5.6% during mid-day trading on Wednesday . The stock traded as low as C$1.16 and last traded at C$1.17. 483,299 shares were traded during mid-day trading, a decline of 65% from the average session volume of 1,398,933 shares. The stock had previously closed at C$1.24.

Tudor Gold Trading Down 7.0%

The firm’s 50-day moving average is C$1.22 and its 200 day moving average is C$0.99. The company has a current ratio of 7.76, a quick ratio of 1.43 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of C$420.84 million, a price-to-earnings ratio of -53.50 and a beta of 1.05.

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. The company is headquartered in Vancouver, Canada.