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 business’s stock in a transaction dated Monday, January 13th. The shares were bought at an average cost of GBX 23 ($0.28) per share, with a total value of £69,000 ($84,238.80).

Condor Gold Stock Up 3.5 %

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

Condor Gold Company Profile

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.