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

Condor Resources Inc. (CVE:CNGet Free Report) dropped 15% during mid-day trading on Saturday . The stock traded as low as C$0.15 and last traded at C$0.17. Approximately 169,559 shares were traded during 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 Performance

The company has a market cap of C$25.52 million, a PE ratio of -5.67 and a beta of 0.58. The firm’s 50 day moving average is C$0.17 and its 200-day moving average is C$0.14.

About Condor Resources

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Condor Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Condor Resources and related companies with MarketBeat.com's FREE daily email newsletter.