What’s Ahead for Condor Gold PLC After Today’s Huge Decline?

 What's Ahead for Condor Gold PLC After Today's Huge Decline?

The stock of Condor Gold PLC (LON:CNR) is a huge mover today! The stock increased 2.97% or GBX 1.5 on November 22, hitting GBX 52. About 184,913 shares traded hands or 111.79% up from the average. Condor Gold PLC (LON:CNR) has declined 9.82% since April 22, 2016 and is downtrending. It has underperformed by 14.38% the S&P500.
The move comes after 8 months negative chart setup for the GBX 27.25M company. It was reported on Nov, 22 by Barchart.com. We have GBX 47.84 PT which if reached, will make LON:CNR worth GBX 2.18M less.

Condor Gold PLC (LON:CNR) Ratings Coverage

Out of 2 analysts covering Condor Gold PLC (LON:CNR), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Condor Gold PLC has been the topic of 10 analyst reports since August 18, 2015 according to StockzIntelligence Inc. Beaufort Securities maintained the stock with “Speculative Buy” rating in Tuesday, August 18 report. The company was maintained on Wednesday, September 16 by Beaufort Securities. Numis Securities maintained it with “Buy” rating and GBX 130 target price in Tuesday, July 19 report. The firm has “Buy” rating given on Friday, November 11 by Numis Securities. The stock has “Speculative Buy” rating given by Beaufort Securities on Wednesday, December 2. The stock of Condor Gold PLC (LON:CNR) has “Speculative Buy” rating given on Tuesday, January 19 by Beaufort Securities. The stock of Condor Gold PLC (LON:CNR) has “Speculative Buy” rating given on Monday, March 21 by Beaufort Securities. The rating was maintained by Beaufort Securities on Monday, January 25 with “Speculative Buy”. The company was maintained on Tuesday, October 11 by Numis Securities. The rating was maintained by Numis Securities with “Buy” on Tuesday, January 19.

Condor Gold PLC is a gold exploration company. The company has a market cap of 27.25 million GBP. The Firm operates projects in Nicaragua and El Salvador. It currently has negative earnings. The Company’s interests include approximately 10 concessions in the La India Mining District in Nicaragua, and over four licenses in approximately two project areas in El Salvador.

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