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Tudor Gold ( (TSE:TUD) ) has issued an announcement.
Tudor Gold has proposed an alternative route for the Mitchell-Treaty Twinned Tunnels to resolve a land use conflict with Seabridge Gold’s KSM project. The current tunnel plan would disrupt Tudor’s Treaty Creek Project, particularly the Goldstorm Deposit and Perfectstorm Zone. Tudor’s proposal suggests rerouting the tunnels to the north, which would minimally increase the tunnel length but allow both projects to proceed, benefiting the Province economically.
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. operates in the mining industry, focusing on the exploration and development of gold, copper, and silver mineral resources. The company is primarily engaged in its Treaty Creek Project located in the Golden Triangle of northwestern British Columbia, which hosts significant mineral resources including the Goldstorm Deposit.
Average Trading Volume: 767,527
Technical Sentiment Signal: Buy
Current Market Cap: C$363.8M
Find detailed analytics on TUD stock on TipRanks’ Stock Analysis page.