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Pin to quick picksCondor Gold Share News (CNR)

Share Price Information for Condor Gold (CNR)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 31.50
Bid: 31.00
Ask: 32.00
Change: 1.25 (4.13%)
Spread: 1.00 (3.226%)
Open: 30.25
High: 31.50
Low: 30.25
Prev. Close: 30.25
CNR Live PriceLast checked at -

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AIM WINNERS & LOSERS: Condor Gold La India study disappoints

Wed, 26th Oct 2022 11:17

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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AIM - WINNERS

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RWS Holdings PLC, up 13% at 311.67 pence, 12-month range 254.80p-664.50p. Says trading for the financial year that ended on September 30 was in line with market expectations, with revenue estimated to have grown by about 8%. "This increase reflects solid growth in Language Services and accelerated growth in Language & Content Technology, despite the faster-than-anticipated transition towards SaaS revenues. The IP Services division has traded in line with previous guidance," the technology-enabled language services provider says.

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AIM - LOSERS

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Condor Gold PLC, down 11% at 22.81 pence, 12-month range 20.45p-40.50p. Says feasibility study for La India project, in Nicaragua, shows probable mineral reserves of 7.3 million tonnes at 2.56 grammes per tonne gold. Production is seen at 81,545 ounces per annum for first 6 years. Plans to "materially expand production" at the project with a stage 2 expansion and is working to convert existing mineral resources into mineral reserve. Expects low initial capital requirement of USD105.5 million and notes study shows life of mine all-in sustaining cash costs at USD1,039 per ounce. At a price of USD1,600 per ounce of gold, mine holds internal rate of return of 23% and net present value of USD86.9 million.

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By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Condor Gold raises GBP1 million via chair's company

Condor Gold PLC - Gold exploration company with operations focused on Nicaragua - Notes that Galloway Ltd, owned by Condor Gold Chair Jim Mellon's Burnbrae Group Ltd, sends notice to Condor Gold which will result in the issue of 6.7 million new shares at an issue price of 15p per share to raise GBP1 million. Condor Gold has approval for the shares to be listed on the Toronto Stock Exchange. Condor Gold adds that it is in discussions with other shareholders who have expressed interest in investing alongside the chair and largest shareholder on the same terms, with an update to be provided shortly. Chair Jim Mellon says: "I continue to be impressed with the asset sale process. We are very aware of the value of our assets and will maximise value for all shareholders. My investment of a further GBP1 million is designed to ensure sufficient financial runway during the sales process until a desired price is achieved."

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IN BRIEF: Condor Gold says five acquisition offers received

Condor Gold PLC - Gold exploration company with operations focusing on Nicaragua - Says it has received five non-binding offers for the purchase of its assets, with three site visits having been completed. Adds that there are eight companies under non-disclosure agreements. Says additional enquiries have been received over the past two weeks.

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13 Mar 2023 14:25

Condor Gold shares jump over interest for La India project, Nicaragua

(Alliance News) - Condor Gold PLC on Monday said it has received three formal expressions of interest for the acquisition of its La India Gold Project in Nicaragua.

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13 Mar 2023 10:43

AIM WINNERS & LOSERS: Condor Gold jumps on offers for La India

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Condor Gold raises funds via loan notes, also proposes an open offer

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Condor Gold raising up to £4.2m to fund Nicaragua requirements

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Condor Gold loss narrows as La India gold mine nears completion

(Alliance News) - Condor Gold PLC on Monday reported a narrowed loss as it continued its feasibility study on the La India open gold mine in Nicaragua.

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Condor Gold receives underwhelming results from study at La India

(Alliance News) - Condor Gold PLC on Wednesday saw shares drop after a feasibility study at its La India project produced disappointing results.

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