Tudor Gold to Acquire American Creek, Boosting Stake in Treaty Creek Project

Tudor Gold ( (TSE:TUD) ) just unveiled an announcement.

Tudor Gold Corp. has signed a definitive agreement to acquire American Creek Resources Ltd., increasing its interest in the Treaty Creek Project to 80%. This acquisition enhances Tudor’s position in one of Canada’s largest gold discoveries, potentially attracting more investors and advancing the project towards production. The transaction, structured as a share exchange, will result in American Creek shareholders owning approximately 30% of Tudor’s share capital. The deal is subject to various approvals and is expected to close by August 31, 2025.

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 gold and copper exploration and development. The company is primarily involved in the Treaty Creek Project located in northwest British Columbia, which hosts significant gold-copper deposits.

Average Trading Volume: 325,304

Technical Sentiment Signal: Sell

Current Market Cap: C$125.4M

For a thorough assessment of TUD stock, go to TipRanks’ Stock Analysis page.