Today's Research Reports on Condor Petroleum, Parex Resources, Madalena Energy and Freehold Royalties

In this article:

NEW YORK, NY / ACCESSWIRE / November 8, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI Initiates Coverage on:

Condor Petroleum Inc.
https://rdinvesting.com/news/?ticker=CPI.TO

Parex Resources Inc.
https://rdinvesting.com/news/?ticker=PXT.TO

Madalena Energy Inc.
https://rdinvesting.com/news/?ticker=MVN.V

Freehold Royalties Ltd.
https://rdinvesting.com/news/?ticker=FRU.TO

Condor Petroleum's stock moved 19.57% lower Wednesday, to close the day at $0.185. The stock recorded a trading volume of 12,500 shares, which was below its three months average volume of 21,228 shares. In the last year, Condor Petroleum's shares have traded in a range of 0.17 - 0.92. The share price has gained 8.82% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.217 is lower than its 200-day moving average of $0.413. Shares of Condor Petroleum have fallen approximately 72.39 percent year-to-date.

Access RDI's Condor Petroleum Inc. Research Report at:
https://rdinvesting.com/news/?ticker=CPI.TO

On Wednesday, shares of Parex Resources recorded a trading volume of 861,706 shares, which was above the three months average volume of 674,023 shares. The stock ended the day 7.27% higher at $20.80. The share price has fallen 22.33% from its 52 week high with a 52 week trading range of 15.94 - 26.78. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $20.50 is lower than its 200-day moving average of $21.86. Shares of the company are trading at a Price to Earnings ratio of 8.86. Shares of Parex Resources have gained approximately 14.54 percent year-to-date.

Access RDI's Parex Resources Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PXT.TO

Madalena Energy's stock had no change Wednesday, to close the day at $0.20. The stock recorded a trading volume of 168,300 shares, which was above its three months average volume of 147,770 shares. In the last year, Madalena Energy's shares have traded in a range of 0.17 - 0.29. The share price has gained 17.65% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.20 is lower than its 200-day moving average of $0.22. Shares of Madalena Energy have fallen approximately 20 percent year-to-date.

Access RDI's Madalena Energy Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MVN.V

On Wednesday, shares of Freehold Royalties recorded a trading volume of 238,010 shares, which was below the three months average volume of 294,753 shares. The stock ended the day 2.3% higher at $9.78. The share price has fallen 40.18% from its 52 week high with a 52 week trading range of 9.26 - 16.35. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $10.56 is lower than its 200-day moving average of $11.90. Shares of the company are trading at a Price to Earnings ratio of 978.00. Shares of Freehold Royalties have fallen approximately 30.39 percent year-to-date.

Access RDI's Freehold Royalties Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=FRU.TO

Our Actionable Research on Condor Petroleum Inc. (TSX :CPI.TO), Parex Resources Inc. (TSX :PXT.TO), Madalena Energy Inc. (TSXV :MVN.V) and Freehold Royalties Ltd. (TSX :FRU.TO) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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