Condor Gold (LON:CNR) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Condor Gold Plc (LON:CNRGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 25.12 ($0.33) and traded as low as GBX 20.50 ($0.27). Condor Gold shares last traded at GBX 20.75 ($0.27), with a volume of 275,143 shares.

Condor Gold Price Performance

The stock’s 50 day simple moving average is GBX 22.07 and its two-hundred day simple moving average is GBX 25.02. The stock has a market cap of £42.42 million, a price-to-earnings ratio of -2,090.00 and a beta of 0.45.

About Condor Gold

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Condor Gold Plc, together with its subsidiaries, operates as a gold exploration and development company in the United Kingdom and Nicaragua. It explores for silver mines. The company owns a 100% interest in the La India project that comprises 11 concessions covering an area of 588 square kilometers located in the La India Gold Mining District, Nicaragua.

Further Reading

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