Condor Petroleum Inc (CPI) Upgraded to “Buy” by GMP Securities
Other analysts have also issued research reports about the stock. Dundee Securities cut their price objective on shares of Condor Petroleum from C$2.00 to C$1.80 and set a neutral rating on the stock in a research report on Tuesday, August 16th. Mackie reissued a buy rating on shares of Condor Petroleum in a research report on Thursday, October 6th.
Condor Petroleum (TSE:CPI) traded up 0.58% during mid-day trading on Thursday, reaching $1.74. 2,580 shares of the company’s stock traded hands. The firm’s market cap is $75.28 million. The firm has a 50 day moving average of $1.07 and a 200 day moving average of $1.11. Condor Petroleum has a 1-year low of $0.60 and a 1-year high of $2.05.
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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