Condor Resources (CVE:CN) Trading 23.5% Higher – What’s Next?

by · The Markets Daily

Shares of Condor Resources Inc. (CVE:CN – Get Free Report) shot up 23.5% during mid-day trading on Tuesday . The company traded as high as C$0.23 and last traded at C$0.21. 299,240 shares changed hands during trading, an increase of 463% from the average session volume of 53,189 shares. The stock had previously closed at C$0.17.

Condor Resources Trading Up 23.5%

The stock has a market cap of C$31.53 million, a price-to-earnings ratio of -7.00 and a beta of 0.58. The company has a 50 day simple moving average of C$0.17 and a 200-day simple 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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