Condor Energies (TSE:CDR) Sets New 1-Year High – Here’s What Happened

Condor Energies Inc. (TSE:CDR)’s stock price hit a new 52-week high during mid-day 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 changing hands. The stock had previously closed at C$3.11.

Condor Energies Stock Up 10.3%

The company has a market cap of C$275.03 million, a PE ratio of -31.18 and a beta of 0.66. The business has a 50-day simple moving average of C$2.87 and a 200-day simple moving average of C$2.42.

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

Insider Buying and Selling

In other Condor Energies news, Director Donald James Streu bought 10,000 shares of the business’s stock in a transaction on Thursday, July 2nd. The stock was bought at an average price of C$2.70 per share, with a total value of C$27,000.00. Following the completion of the purchase, the director directly owned 849,789 shares in the company, valued at C$2,294,430.30. The trade was a 1.19% increase in their ownership of the stock. Insiders purchased 25,000 shares of company stock valued at $67,150 in the last 90 days.

Condor Energies Company Profile

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.