Condor Resources (CVE:CN) Shares Up 17.6% – Here’s Why

Condor Resources Inc. (CVE:CNGet Free Report)’s share price rose 17.6% during mid-day trading on Monday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 148,020 shares were traded during mid-day trading, an increase of 184% from the average daily volume of 52,178 shares. The stock had previously closed at C$0.17.

Condor Resources Price Performance

The stock’s fifty day simple moving average is C$0.17 and its 200-day simple moving average is C$0.14. The company has a market capitalization of C$30.78 million, a PE ratio of -6.83 and a beta of 0.58.

About Condor Resources

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Condor Resources Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. It explores for gold, silver, copper, lead, and zinc deposits, as well as other precious and base metals. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

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