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Condor Gold Plc (LON:CNR) Insider John Ian Stalker Buys 300,000 Shares

Condor Gold logo with Basic Materials background

Condor Gold Plc (LON:CNR - Get Free Report) insider John Ian Stalker purchased 300,000 shares of the business's stock in a transaction dated Monday, January 13th. The stock was bought at an average cost of GBX 23 ($0.28) per share, with a total value of £69,000 ($84,434.65).

Condor Gold Stock Up 3.5 %

Shares of LON:CNR traded up GBX 1.10 ($0.01) during midday trading on Monday, reaching GBX 32.20 ($0.39). The company's stock had a trading volume of 623,077 shares, compared to its average volume of 1,140,682. The firm has a market cap of £65.83 million, a price-to-earnings ratio of -3,220.00 and a beta of 0.45. Condor Gold Plc has a 1 year low of GBX 18.70 ($0.23) and a 1 year high of GBX 37 ($0.45). The business has a 50 day moving average price of GBX 25.91 and a 200 day moving average price of GBX 23.74.

Condor Gold Company Profile

(Get Free Report)

Condor Gold is listed on the AIM market, ticker CNR and the TSX ticker COG. On 25 October 2021 Condor announced the filing of a Preliminary Economic Assessment Technical Report (“PEA”) for its La India Project, Nicaragua, filed on SEDAR. The highlight of the technical study is a post-tax, post upfront capital expenditure NPV of US$418 million, with an IRR of 54% and 12 month pay-back period, assuming a US$1,700 per oz gold price, with average annual production of 150,000 oz gold per annum for the initial 9 years of gold production.

Further Reading

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