Condor Energies (TSE:CDR) Reaches New 52-Week High – What’s Next?

Condor Energies Inc. (TSE:CDR) shares hit a new 52-week high during trading on Friday . The company traded as high as C$3.42 and last traded at C$3.43, with a volume of 186695 shares traded. The stock had previously closed at C$3.11.

Condor Energies Price Performance

The stock has a fifty day simple moving average of C$2.86 and a 200-day simple moving average of C$2.41. The company has a market capitalization of C$275.03 million, a price-to-earnings ratio of -31.18 and a beta of 0.66.

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

Insider Buying and Selling 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 shares were purchased at an average price of C$2.70 per share, for a total transaction of C$27,000.00. Following the transaction, the director directly owned 849,789 shares of the company’s stock, valued at approximately C$2,294,430.30. This represents a 1.19% increase in their position. Over the last three months, insiders purchased 25,000 shares of company stock worth $67,150.

About Condor Energies

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.