Tudor Gold Boosts Gold Recovery Rates at Treaty Creek

The latest update is out from Tudor Gold ( (TSE:TUD) ).

Tudor Gold Corp. has announced a significant improvement in gold recovery rates at its Goldstorm Deposit on the Treaty Creek Project. The recent metallurgical tests have increased gold recovery to over 80%, with high-grade copper and silver concentrates also produced. This advancement is expected to enhance the economic potential of the project, as the company plans to construct an exploration ramp to further investigate high-grade gold structures, potentially reducing initial capital expenditure requirements.

Spark’s Take on TSE:TUD Stock

According to Spark, TipRanks’ AI Analyst, TSE:TUD is a Underperform.

Tudor Gold’s stock is heavily impacted by significant financial challenges, including no revenue generation and continued losses. The technical analysis indicates a bearish trend with weak momentum. Despite a negative valuation, recent corporate events provide some potential for future upside. Overall, the stock has a cautious outlook with a score reflecting these mixed factors.

To see Spark’s full report on TSE:TUD stock, click here.

More about Tudor Gold

Tudor Gold Corp. operates in the mining industry, focusing on the exploration and development of gold, copper, and silver deposits. The company is primarily engaged in projects located within the Golden Triangle of Northwestern British Columbia, a region known for its rich mineral resources.

YTD Price Performance: -10.14%

Average Trading Volume: 172,642

Technical Sentiment Signal: Buy

Current Market Cap: C$146.6M

Find detailed analytics on TUD stock on TipRanks’ Stock Analysis page.