Condor Energies (TSE:CDR) Shares Up 1.7% – Here’s Why

Condor Energies Inc. (TSE:CDR) shot up 1.7% during trading on Wednesday . The company traded as high as C$3.06 and last traded at C$3.05. 77,424 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 141,107 shares. The stock had previously closed at C$3.00.

Condor Energies Trading Down 2.1%

The business’s fifty day moving average is C$2.80 and its 200 day moving average is C$2.19. The firm has a market capitalization of C$224.52 million, a P/E ratio of -25.45 and a beta of -0.77.

Condor Energies (TSE:CDR) last released its earnings results on Friday, March 20th. The company reported C($0.03) EPS for the quarter. The company had revenue of C$17.57 million for the quarter.

Condor Energies Company Profile

Condor Energies is an internationally focused, publicly traded energy transition company that is uniquely positioned on the doorstep of European and Asian markets. With producing natural gas and condensate assets in Uzbekistan, an ongoing initiative to construct and operate Central Asia’s first LNG facility in Kazakhstan, and a separate initiative to develop and produce lithium brine in Kazakhstan, we’ve built a strong foundation for reserves, production and cashflow growth while also striving to minimize our environmental footprint.