Condor Petroleum (TSE:CPI) Shares Down 2.6% – Here’s Why

Condor Petroleum Inc. (TSE:CPIGet Free Report) was down 2.6% on Monday . The company traded as low as C$0.37 and last traded at C$0.37. Approximately 3,500 shares traded hands during trading, a decline of 77% from the average daily volume of 14,982 shares. The stock had previously closed at C$0.38.

Condor Petroleum Price Performance

The company has a market cap of C$16.72 million and a P/E ratio of -1.48. The company has a quick ratio of 1.85, a current ratio of 1.98 and a debt-to-equity ratio of 0.08. The firm has a fifty day simple moving average of C$0.37.

Condor Petroleum Company Profile

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Condor Petroleum Inc, an oil and gas company, engages in the exploration, development, and production of oil and gas properties in Turkey and Kazakhstan. It owns 100% interests in the Poyraz Ridge and Destan operating licenses located in the Gallipoli Peninsula in western Turkey. The company was incorporated in 2006 and is headquartered in Calgary, Canada.

Further Reading

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