Condor Petroleum Inc (CPI) Earns “Buy” Rating from Mackie
Separately, Dundee Securities reduced their price objective on Condor Petroleum from C$2.00 to C$1.80 and set a neutral rating for the company in a research note on Tuesday, August 16th.
Condor Petroleum (TSE:CPI) opened at 1.48 on Thursday. The firm’s 50-day moving average is $1.00 and its 200 day moving average is $1.09. The company’s market capitalization is $64.03 million. Condor Petroleum has a one year low of $0.60 and a one year high of $1.51.
About Condor Petroleum
Condor Petroleum Inc is an oil and gas company engaged in exploration and production activities in Kazakhstan. The Company, through its subsidiary, Falcon Oil & Gas Ltd. LLP, owns interest in and operates the Zharkamys West 1 territory, which is approximately 3,780 square kilometers exploration property located in the Pre-Caspian Basin in Kazakhstan.
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