Condor Resources (CVE:CN) Stock Price Up 29.4% – Should You Buy?

by · The Cerbat Gem

Condor Resources Inc. (CVE:CNGet Free Report) shares shot up 29.4% during trading on Monday . The company traded as high as C$0.23 and last traded at C$0.22. 237,740 shares traded hands during mid-day trading, an increase of 349% from the average session volume of 52,907 shares. The stock had previously closed at C$0.17.

Condor Resources Price Performance

The stock has a market capitalization of C$30.78 million, a price-to-earnings ratio of -6.83 and a beta of 0.58. The business has a fifty day moving average of C$0.17 and a 200 day moving average of C$0.14.

About Condor Resources

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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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