Numis Securities Ltd Reiterates “Buy” Rating for Condor Gold PLC (CNR)
Condor Gold PLC (LON:CNR)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities Ltd in a research report issued on Tuesday. They currently have a GBX 130 ($1.61) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 101.55% from the stock’s previous close.
Shares of Condor Gold PLC (LON:CNR) opened at 64.94 on Tuesday. Condor Gold PLC has a 52 week low of GBX 15.00 and a 52 week high of GBX 92.90. The stock has a 50 day moving average price of GBX 75.48 and a 200 day moving average price of GBX 65.44. The firm’s market cap is GBX 34.36 million.
About Condor Gold PLC
Condor Gold plc is a United Kingdom-based gold exploration company. The Company operates projects in Nicaragua and El Salvador. Its projects in Nicaragua include La India, which consists of approximately 281 square kilometers comprises of nine contiguous concessions; The Estrella Concession, covers an area of 18 square kilometers is located approximately 20 kilometers southwest of Siuna; The Potrerillos Concession, which covers an area of 12 square kilometers, contains shafts and adits, testament to brief, interrupted periods of gold mining activity; The Cerro Quiroz Concession, covers an area of 22 square kilometers is located in the Libertad-Santo Domingo gold mining district, and Rio Luna, an exploration project of 43 square kilometers.
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