Condor Energies (TSE:CDR) Reaches New 12-Month High – Here’s What Happened

Shares of Condor Energies Inc. (TSE:CDR) hit a new 52-week high during trading on Monday . The company traded as high as C$4.15 and last traded at C$4.09, with a volume of 83521 shares trading hands. The stock had previously closed at C$3.99.

Condor Energies Stock Performance

The business’s 50 day moving average is C$3.19 and its two-hundred day moving average is C$2.68. The firm has a market capitalization of C$328.75 million, a PE ratio of -37.27 and a beta of 0.53.

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

Insider Buying and Selling at Condor Energies

In other news, Director Donald James Streu purchased 10,000 shares of the stock in a transaction dated Thursday, July 2nd. The shares were purchased at an average cost of C$2.70 per share, with a total value of C$27,000.00. Following the completion of the acquisition, the director owned 849,789 shares in the company, valued at C$2,294,430.30. This represents a 1.19% increase in their position. Insiders bought 25,000 shares of company stock worth $67,150 in the last 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.