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

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

Condor Petroleum Trading Down 2.6 %

The firm has a 50-day moving average of C$0.37. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.85 and a current ratio of 1.98. The stock has a market cap of C$16.72 million and a PE ratio of -1.48.

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.

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