Condor Gold (GB:CNR) has released an update.
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Condor Gold Plc has made significant progress in its asset sale process, with increased interest due to a rise in gold prices and a robust sales strategy in place. The company has completed substantial site preparation for its La India Project and raised additional funds through shareholdings, mainly by chairman Jim Mellon’s Galloway Limited. Despite a net loss in the first half of 2024, the company is optimistic about the imminent sale of its mining assets, which are in high demand.
For further insights into GB:CNR stock, check out TipRanks’ Stock Analysis page.