Insider Buying: Condor Gold Plc (LON:CNR) Insider Acquires 300,000 Shares of Stock

Condor Gold Plc (LON:CNR) insider John Ian Stalker bought 300,000 shares of the stock in a transaction on Monday, January 13th. The stock was acquired at an average price of GBX 23 ($0.28) per share, with a total value of £69,000 ($84,455.32).

Condor Gold Trading Up 2.5 %

Shares of CNR opened at GBX 33 ($0.40) on Thursday. The stock has a fifty day moving average price of GBX 26.67 and a 200-day moving average price of GBX 23.92. Condor Gold Plc has a 12 month low of GBX 18.70 ($0.23) and a 12 month high of GBX 37 ($0.45). The firm has a market cap of £67.47 million, a PE ratio of -3,300.00 and a beta of 0.45.

About Condor Gold

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.