Insider Buying: Condor Resources (CVE:CN) Director Buys 100,000 Shares of Stock

Condor Resources Inc. (CVE:CN) Director Quinton Todd Hennigh acquired 100,000 shares of the stock in a transaction that occurred on Tuesday, January 13th. The stock was purchased at an average price of C$0.20 per share, for a total transaction of C$20,000.00. Following the completion of the purchase, the director directly owned 1,620,000 shares in the company, valued at C$324,000. This trade represents a 6.58% increase in their position.

Condor Resources Price Performance

CVE CN remained flat at C$0.20 during trading on Wednesday. 120,000 shares of the company’s stock traded hands, compared to its average volume of 101,230. The stock has a market capitalization of C$29.28 million, a PE ratio of -6.50 and a beta of 0.73. Condor Resources Inc. has a 1-year low of C$0.09 and a 1-year high of C$0.25. The business’s 50-day simple moving average is C$0.18 and its 200 day simple moving average is C$0.15.

Condor Resources Company Profile

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.