Condor Energies (TSE:CDR) Sets New 12-Month High – Here’s What Happened

Condor Energies Inc. (TSE:CDR) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$4.15 and last traded at C$4.09, with a volume of 83521 shares trading hands. The stock had previously closed at C$3.99.

Condor Energies Stock Performance

The firm has a market capitalization of C$328.75 million, a price-to-earnings ratio of -37.27 and a beta of 0.53. The business has a fifty day moving average of C$3.24 and a two-hundred day moving average of C$2.71.

Condor Energies (TSE:CDR) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C($0.05) earnings per share (EPS) for the quarter. The business had revenue of C$19.46 million during the quarter.

Insider Buying and Selling at Condor Energies

In related news, Director Donald James Streu acquired 10,000 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were bought at an average cost of C$2.70 per share, with a total value of C$27,000.00. Following the completion of the transaction, the director directly owned 849,789 shares of the company’s stock, valued at C$2,294,430.30. This trade represents a 1.19% increase in their ownership of the stock. Insiders have bought 25,000 shares of company stock valued at $67,150 over the last 90 days.

About Condor Energies

Condor Energies Inc is a TSX-listed energy transition company that is uniquely positioned on the doorstep of European and Asian markets with three distinct first-mover energy security initiatives: increasing natural gas and condensate production from its existing fields in Uzbekistan; an ongoing project to construct and operate Central Asia’s first LNG ‘lower carbon fuel’ diesel substitution facility in Kazakhstan; and a separate initiative to develop and produce critical minerals from brines in Kazakhstan.