Condor Resources (CVE:CN) Shares Down 15% – Here’s Why

Condor Resources Inc. (CVE:CNGet Free Report) shares dropped 15% on Saturday . The company traded as low as C$0.15 and last traded at C$0.17. Approximately 169,559 shares were traded during mid-day trading, an increase of 226% from the average daily volume of 52,055 shares. The stock had previously closed at C$0.20.

Condor Resources Stock Down 15.0%

The business’s 50-day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.14. The firm has a market cap of C$25.52 million, a price-to-earnings ratio of -5.67 and a beta of 0.58.

Condor Resources Company Profile

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Condor Resources Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. It explores for gold, silver, copper, lead, and zinc deposits, as well as other precious and base metals. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

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