Condor Resources (CVE:CN) Shares Down 15% – Here’s Why

Condor Resources Inc. (CVE:CNGet Free Report) dropped 15% during trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.17. Approximately 169,559 shares traded hands during mid-day trading, an increase of 226% from the average daily volume of 52,055 shares. The stock had previously closed at C$0.20.

Condor Resources Stock Down 15.0%

The stock has a market cap of C$25.52 million, a P/E ratio of -5.67 and a beta of 0.58. The firm has a 50 day moving average price of C$0.17 and a 200 day moving average price of C$0.14.

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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