Separately, Numis Securities Ltd lifted their price objective on Condor Gold PLC from GBX 130 ($1.69) to GBX 150 ($1.95) and gave the company a buy rating in a report on Tuesday, May 23rd.
Condor Gold PLC (CNR) remained flat at GBX 50.50 on Thursday. The company’s stock had a trading volume of 34,776 shares. Condor Gold PLC has a 1-year low of GBX 44.25 and a 1-year high of GBX 92.90. The firm has a 50 day moving average price of GBX 54.61 and a 200-day moving average price of GBX 61.79. The company’s market cap is GBX 30.99 million.
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In related news, insider James(Jim) Mellon acquired 90,000 shares of the company’s stock in a transaction on Tuesday, May 23rd. The stock was purchased at an average cost of GBX 60 ($0.78) per share, with a total value of £54,000 ($70,349.14).
About Condor Gold PLC
Condor Gold PLC is a gold exploration company. The Company operates projects in Nicaragua and El Salvador. The Company’s interests include approximately 10 concessions in the La India Mining District in Nicaragua, and over four licenses in approximately two project areas in El Salvador. It has interest in the La India Project, which is a concession package covering over 310 square kilometers in the La India Gold Mining District.
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