Condor Gold (CNR) Price Target Cut to GBX 140
Condor Gold (LON:CNR) had its price target dropped by stock analysts at Numis Securities from GBX 150 ($2.02) to GBX 140 ($1.88) in a note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Numis Securities’ price objective would indicate a potential upside of 250.00% from the company’s previous close.
Shares of Condor Gold (CNR) remained flat at $GBX 40 ($0.54) during trading hours on Friday. The company’s stock had a trading volume of 64,312 shares, compared to its average volume of 104,391. Condor Gold has a 1-year low of GBX 37.30 ($0.50) and a 1-year high of GBX 74 ($1.00).
In other Condor Gold news, insider James(Jim) Mellon purchased 50,000 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was purchased at an average price of GBX 40 ($0.54) per share, for a total transaction of £20,000 ($26,917.90).
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Condor Gold PLC is a gold exploration company. The Company operates projects in Nicaragua and El Salvador. The Company’s interests include approximately 10 concessions in the La India Mining District in Nicaragua, and over four licenses in approximately two project areas in El Salvador. It has interest in the La India Project, which is a concession package covering over 310 square kilometers in the La India Gold Mining District.
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