Condor Energies (TSE:CDR) Releases Quarterly Earnings Results

Condor Energies (TSE:CDR) posted its quarterly earnings data on Friday. The company reported C($0.01) EPS for the quarter, FiscalAI reports. The firm had revenue of C$16.16 million during the quarter.

Condor Energies Price Performance

Shares of Condor Energies stock traded up C$0.09 during trading on Friday, hitting C$1.65. The stock had a trading volume of 65,700 shares, compared to its average volume of 47,256. Condor Energies has a 1 year low of C$1.32 and a 1 year high of C$2.52. The company has a market cap of C$112.16 million, a P/E ratio of -23.57 and a beta of -0.22.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upgraded shares of Condor Energies to a “strong-buy” rating in a research report on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

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.