Condor Energies (TSE:CDR) Releases Quarterly Earnings Results

Condor Energies (TSE:CDR) announced its quarterly earnings results on Friday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. The company had revenue of C$23.38 million for the quarter.

Condor Energies Stock Down 1.7%

Shares of CDR stock opened at C$3.96 on Friday. The firm has a market capitalization of C$317.53 million, a price-to-earnings ratio of -36.00 and a beta of 0.53. Condor Energies has a 12-month low of C$1.35 and a 12-month high of C$4.19. The firm has a fifty day moving average of C$3.30 and a 200-day moving average of C$2.75.

Insider Activity at Condor Energies

In other Condor Energies news, Director Donald James Streu acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The stock was acquired at an average cost of C$2.70 per share, for a total transaction of C$27,000.00. Following the transaction, the director 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 bought a total of 25,000 shares of company stock worth $67,150 over the last quarter.

Condor Energies Company Profile

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.