Assessing Tudor Gold’s Valuation After Resource Upgrade At Treaty Creek’s Goldstorm Deposit

What Tudor Gold’s latest resource update means for investors

The recent trigger for Tudor Gold (TSXV:TUD) was its updated 2026 Mineral Resource estimate for the Goldstorm Deposit at Treaty Creek, which highlights higher grade zones that investors see as supporting future economic studies and underground mine planning.

See our latest analysis for Tudor Gold.

Tudor Gold’s 1 month share price return of 69.05% and 90 day gain of 75.31% suggest momentum has picked up ahead of the 2026 resource update, while the 1 year total shareholder return of 108.82% contrasts with a weaker 5 year record.

If this kind of resource upgrade has your attention, it could be a useful moment to broaden your search and check out fast growing stocks with high insider ownership.

With Tudor Gold now trading at CA$1.42 after a 1 month return of 69.05% and analysts targeting CA$2.90, you have to ask: is there still upside here, or is the market already pricing in future growth?

Preferred Price-to-Book of 2.7x: Is it justified?

On the numbers we have, Tudor Gold trades on a P/B of 2.7x, which screens as cheaper than both its peer group and the wider Canadian Metals and Mining industry.

P/B compares the company’s market value to its net assets on the balance sheet. This is often a key yardstick for early stage explorers that have no revenue and are still reporting losses. Because Tudor Gold makes CA$0 in revenue and reported a loss of CA$3.25m, book value becomes one of the few objective anchors investors can use to frame the current CA$1.42 share price.

Relative to the Canadian Metals and Mining industry average P/B of 3.7x and a peer average of 5.6x, Tudor Gold’s 2.7x multiple sits at a clear discount. This suggests the market is placing a lower value on its asset base than on comparable names. Whether that is seen as justified or not will depend largely on views of Treaty Creek’s future potential, the company’s funding needs and the risks tied to a business that is unprofitable, has no near term revenue forecast and has recently diluted shareholders.

See what the numbers say about this price — find out in our valuation breakdown.

Result: Price-to-book of 2.7x (ABOUT RIGHT)

However, you still have to weigh the funding needs for a loss-making, revenue-free explorer, as well as the risk that future drilling or studies fall short of expectations.

Find out about the key risks to this Tudor Gold narrative.

Build Your Own Tudor Gold Narrative

If you look at the numbers and come to a different conclusion, or simply prefer to test your own assumptions, you can build a custom view in just a few minutes with Do it your way.

A great starting point for your Tudor Gold research is our analysis highlighting 1 key reward and 3 important warning signs that could impact your investment decision.

Ready to expand your stock watchlist?

If Tudor Gold is on your radar, do not stop there. Use the same structured approach to scan other ideas so you are not missing better fits.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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