Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Tudor Gold ( (TSE:TUD) ).
Tudor Gold Corp. has announced a change in its financial year-end from March 31 to December 31 to align its reporting periods with its peers in the mining sector and traditional financial cycles. This adjustment is expected to streamline financial reporting and better synchronize with taxation and operational cycles, potentially enhancing the company’s operational efficiency and market positioning.
The most recent analyst rating on (TSE:TUD) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Tudor Gold stock, see the TSE:TUD Stock Forecast page.
Spark’s Take on TSE:TUD Stock
According to Spark, TipRanks’ AI Analyst, TSE:TUD is a Underperform.
Tudor Gold’s overall score is low due to significant financial challenges, including no revenue generation and continued losses. The bearish technical indicators and negative valuation metrics further contribute to the low score. However, recent corporate events offer some hope for future improvement, indicating a cautious outlook with potential upside.
To see Spark’s full report on TSE:TUD stock, click here.
More about Tudor Gold
Tudor Gold Corp. is a precious and base metals exploration and development company with claims in British Columbia’s Golden Triangle, an area known for its rich mineral deposits. The company holds an 80% interest in the Treaty Creek Project, which hosts the significant Goldstorm Deposit, a large gold-copper porphyry system.
Average Trading Volume: 868,835
Technical Sentiment Signal: Buy
Current Market Cap: C$318.3M
For a thorough assessment of TUD stock, go to TipRanks’ Stock Analysis page.