Condor Resources (CVE:CN) Shares Down 5.9% – Here’s Why

Condor Resources Inc. (CVE:CNGet Free Report)’s share price dropped 5.9% on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 38,500 shares traded hands during trading, a decline of 62% from the average daily volume of 101,149 shares. The stock had previously closed at C$0.17.

Condor Resources Stock Down 5.9 %

The firm’s 50 day moving average is C$0.17 and its two-hundred day moving average is C$0.16. The firm has a market cap of C$22.59 million, a P/E ratio of 16.00 and a beta of 1.13. The company has a current ratio of 30.34, a quick ratio of 19.54 and a debt-to-equity ratio of 0.57.

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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