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Tudor Gold Updates on ATM Equity Program Progress

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Tudor Gold Updates on ATM Equity Program Progress

Elevate Your Investing Strategy:

An update from Tudor Gold ( (TSE:TUD) ) is now available.

Tudor Gold Corp. has provided an update on its ‘at-the-market’ equity program, which was initiated in February 2024. During the quarter ending June 30, 2025, the company issued 912,500 common shares on the TSX Venture Exchange, raising gross proceeds of C$559,337.15. This program allows Tudor Gold to issue and sell up to $20 million of its common shares, enhancing its financial flexibility. The proceeds from these sales are expected to support Tudor Gold’s exploration and development activities, potentially strengthening its position in the mining industry.

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 the Golden Triangle of British Columbia, Canada. This area is known for hosting producing and past-producing mines, as well as several large deposits nearing potential development. Tudor Gold holds a 60% interest in the 17,913-hectare Treaty Creek Project, with plans to increase its stake to 80%. The project is strategically located adjacent to Seabridge Gold Inc.’s KSM property and Newmont Corporation’s Brucejack property.

Average Trading Volume: 395,060

Technical Sentiment Signal: Sell

Current Market Cap: C$133M

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

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