Condor Energies (TSE:CDR) Releases Earnings Results

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

Condor Energies Stock Performance

Shares of TSE CDR traded down C$0.07 during trading on Friday, hitting C$3.96. 41,579 shares of the company traded hands, compared to its average volume of 141,681. The business’s fifty day moving average is C$3.30 and its 200 day moving average is C$2.75. Condor Energies has a fifty-two week low of C$1.35 and a fifty-two week high of C$4.19. 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.

Insider Activity at Condor Energies

In other news, Director Donald James Streu bought 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, with a total value of C$27,000.00. Following the transaction, the director directly owned 849,789 shares of the company’s stock, valued at approximately C$2,294,430.30. This represents a 1.19% increase in their position. In the last three months, insiders bought 25,000 shares of company stock valued at $67,150.

About Condor Energies

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.