Condor Energies (TSE:CDR) Sets New 12-Month High – What’s Next?

Condor Energies Inc. (TSE:CDR)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$4.80 and last traded at C$4.80, with a volume of 72472 shares trading hands. The stock had previously closed at C$4.62.

Condor Energies Stock Performance

The business has a 50 day moving average price of C$3.73 and a two-hundred day moving average price of C$2.97. The stock has a market cap of C$405.87 million, a PE ratio of -47.00 and a beta of 0.53.

Condor Energies (TSE:CDR) last issued its quarterly earnings results on Friday, August 14th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$23.38 million during the quarter.

Insider Transactions at Condor Energies

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

Condor Energies Company Profile

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.