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

Tudor Gold Corp. (CVE:TUD)’s share price was down 12.5% during mid-day trading on Tuesday . The stock traded as low as C$0.75 and last traded at C$0.77. Approximately 2,767,268 shares changed hands during mid-day trading, an increase of 498% from the average daily volume of 462,481 shares. The stock had previously closed at C$0.88.

Tudor Gold Stock Performance

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 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 stock has a 50-day moving average price of C$0.91 and a 200 day moving average price of C$0.72.

Insider Buying and Selling

In other news, Director Helmut Finger sold 58,000 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of C$0.93, for a total value of C$53,940.00. Following the sale, the director directly owned 49,103,021 shares in the company, valued at C$45,665,809.53. The trade was a 0.12% decrease in their ownership of the stock. In the last 90 days, insiders have sold 7,546,460 shares of company stock worth $3,904,745. Company 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.