Condor Energies (TSE:CDR) Releases Quarterly Earnings Results

Condor Energies (TSE:CDR) posted its quarterly earnings results on Friday. The company reported C($0.01) EPS for the quarter, FiscalAI reports. The firm had revenue of C$23.38 million during the quarter.

Condor Energies Stock Performance

TSE:CDR opened at C$3.96 on Friday. Condor Energies has a 1 year low of C$1.35 and a 1 year high of C$4.19. The stock has a fifty day moving average price of C$3.30 and a two-hundred day moving average price of C$2.75. The stock has a market capitalization of C$317.53 million, a price-to-earnings ratio of -36.00 and a beta of 0.53.

Insider Activity at Condor Energies

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

About Condor Energies

Condor Energies Inc is a TSX-listed energy transition company that is uniquely positioned on the doorstep of European and Asian markets with three distinct first-mover energy security initiatives: increasing natural gas and condensate production from its existing fields in Uzbekistan; an ongoing project to construct and operate Central Asia’s first LNG ‘lower carbon fuel’ diesel substitution facility in Kazakhstan; and a separate initiative to develop and produce critical minerals from brines in Kazakhstan.