Mackie restated their buy rating on shares of Condor Petroleum Inc (TSE:CPI) in a research report report published on Thursday morning.

Separately, Dundee Securities cut their target price on Condor Petroleum from C$2.00 to C$1.80 and set a neutral rating on the stock in a research note on Tuesday, August 16th.

Shares of Condor Petroleum (TSE:CPI) traded up 13.74% during trading on Thursday, reaching $1.49. The company’s stock had a trading volume of 61,100 shares. The company has a 50 day moving average of $0.99 and a 200 day moving average of $1.09. The company’s market cap is $64.46 million. Condor Petroleum has a 12-month low of $0.60 and a 12-month high of $1.50.

Condor Petroleum Company Profile

Condor Petroleum Inc is an oil and gas company engaged in exploration and production activities in Kazakhstan. The Company, through its subsidiary, Falcon Oil & Gas Ltd. LLP, owns interest in and operates the Zharkamys West 1 territory, which is approximately 3,780 square kilometers exploration property located in the Pre-Caspian Basin in Kazakhstan.

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