Condor Energies Inc. experienced a slight decline in stock price this week amidst ongoing developments in its operations.
Condor Energies Inc. (CDR.TO) has seen a mixed performance recently, closing down 1.58% on the day and 1.13% over the week. The company continues to navigate its growth strategy, particularly in Uzbekistan, where it is focusing on natural gas field development.
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Condor Energies Inc.
CDR.TO
CDR.TO
Condor Energies Inc.
WealthAwesomeMarket cap
$382.55M
52W high
$4.90
52W low
$1.51
1W change
-1.13%
Beta
0.48
Analyst Price Targets
Based on analyst covering CDR · as of Sep 21, 2026
Wall Street analysts forecast CDR stock price to rise 22.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.34
+22.5% Upside
Previously C$5.34 on Sep 17, 2026
Current Price
C$4.36
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CDR's historical volatility
30-Day Vol
40.8%
Annualized
90-Day Vol
56.4%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$5.21
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.63 | C$4.02 – C$5.33 |
| 60 trading days | C$4.91 | C$4.03 – C$5.99 |
| 90 trading days | C$5.21 | C$4.09 – C$6.65 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: While Condor Energies has faced recent stock price fluctuations, its ongoing projects and capital raises indicate active efforts to enhance its operational capabilities and production potential.
Condor Energies' Stock Performance and Technicals
With a year-to-date increase of 124.74%, the stock remains significantly above its 200-day moving average, indicating strong long-term performance despite recent volatility.
Bull case
Investors might feel optimistic about Condor's recent successful capital raises and the strong production performance from its wells. These factors suggest there is potential for future growth.
Bear case
However, concerns may arise due to the company’s negative profit margins and return on equity, along with the recent decline in stock price.
Recent Price Action
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Condor Energies Inc. closed at C$4.33, reflecting a daily decrease of 1.58%. Over the past week, the stock has declined by 1.13%, and in the last month, it has fallen by 7.82%. However, year-to-date, the stock has surged by an impressive 124.74%, indicating a strong performance in the longer term.
Company Developments
Despite no major news this week, Condor Energies has been active in the market. The company recently completed a bought deal public offering, raising gross proceeds of approximately $29.9 million, which will enhance its operations in Uzbekistan. This follows another offering aimed at raising C$15 million for further development in the same region. The focus on natural gas fields is critical as the company seeks to strengthen its production capabilities.
Technical Picture
From a technical standpoint, Condor Energies is trading above its 50-day moving average of C$4.11 by 5.3% and significantly above its 200-day moving average of C$2.81 by 54.4%. The stock has a 52-week range of C$1.51 to C$4.90, currently trading at 83% of that range. With a beta of 0.48, the stock exhibits lower volatility compared to the broader market. Recent trading volume has been notable, with the latest at 63,868 shares, representing 1.57 times the 20-day average volume of 96,225 shares.
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