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

Tudor Gold Corp. (CVE:TUD) fell 12.5% on Tuesday . The company traded as low as C$0.75 and last traded at C$0.77. 2,491,268 shares traded hands during trading, an increase of 440% from the average session volume of 461,481 shares. The stock had previously closed at C$0.88.

Tudor Gold Stock Down 11.4%

The company has a current ratio of 3.97, a quick ratio of 1.43 and a debt-to-equity ratio of 0.22. The firm’s fifty day moving average price is C$0.91 and its 200-day moving average price is C$0.72. The company has a market cap of C$295.57 million, a price-to-earnings ratio of -39.00 and a beta of 1.02.

Insider Transactions at Tudor Gold

In other Tudor Gold news, Director Helmut Finger sold 7,415,460 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of C$0.51, for a total value of C$3,781,884.60. Following the completion of the sale, the director directly owned 49,342,021 shares in the company, valued at C$25,164,430.71. This represents a 13.07% decrease in their ownership of the stock. Insiders sold 7,546,460 shares of company stock valued at $3,904,745 over the last ninety days. 40.60% of the stock is currently owned by insiders.

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.