Condor Resources (CVE:CN) Trading Down 13.5% – Should You Sell?

Condor Resources Inc. (CVE:CN) fell 13.5% during mid-day trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.16. 149,203 shares were traded during trading, an increase of 105% from the average session volume of 72,606 shares. The stock had previously closed at C$0.19.

Condor Resources Stock Down 13.5%

The company has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.17. The stock has a market cap of C$24.21 million, a price-to-earnings ratio of -8.00 and a beta of -1.10.

Condor Resources Company Profile

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.