Condor Energies (TSE:CDR) Stock Price Up 10.6% – What’s Next?

Condor Energies Inc. (TSE:CDR) was up 10.6% during mid-day trading on Friday . The stock traded as high as C$4.13 and last traded at C$3.96. Approximately 466,268 shares were traded during mid-day trading, an increase of 228% from the average daily volume of 142,214 shares. The stock had previously closed at C$3.58.

Condor Energies Stock Performance

The firm has a market capitalization of C$319.13 million, a P/E ratio of -36.18 and a beta of 0.66. The firm has a 50 day moving average price of C$2.92 and a two-hundred day moving average price of C$2.47.

Condor Energies (TSE:CDR) last announced its earnings results on Wednesday, May 13th. The company reported C($0.05) earnings per share (EPS) for the quarter. The firm had revenue of C$19.46 million during the quarter.

Insider Transactions at Condor Energies

In other news, Director Donald James Streu acquired 10,000 shares of Condor Energies stock in a transaction on Thursday, July 2nd. The stock was bought at an average cost of C$2.70 per share, with a total value of C$27,000.00. Following the completion of the purchase, the director owned 849,789 shares of the company’s stock, valued at C$2,294,430.30. This represents a 1.19% increase in their ownership of the stock. In the last 90 days, insiders bought 25,000 shares of company stock worth $67,150.

About Condor Energies

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.