Condor Gold (LON:CNR) Stock Price Passes Below 50-Day Moving Average of $24.85

Shares of Condor Gold PLC (LON:CNR) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $24.85 and traded as low as $22.65. Condor Gold shares last traded at $22.66, with a volume of 12,153 shares.

The firm’s 50 day simple moving average is GBX 24.86 and its 200 day simple moving average is GBX 20.54. The stock has a market capitalization of $21.45 million and a PE ratio of -9.69.

In other news, insider James(Jim) Mellon bought 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were bought at an average cost of GBX 23 ($0.30) per share, with a total value of £11,500 ($15,026.79).

About Condor Gold (LON:CNR)

Condor Gold Plc, together with its subsidiaries, engages in the exploration of gold and silver in Nicaragua. It owns a 100% interest in the La India project that comprises 10 contiguous and adjacent concessions covering an area of 313 square kilometers located in the La India Gold Mining District, Nicaragua.

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