Spartan Delta Corp. (OTCMKTS:DALXF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Spartan Delta Corp. (OTCMKTS:DALXF) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

Several analysts have recently issued reports on DALXF shares. TD Securities reiterated a “buy” rating on shares of Spartan Delta in a research note on Wednesday, May 6th. BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, May 6th.

Spartan Delta Stock Performance

Shares of DALXF stock opened at $8.64 on Friday. The firm has a fifty day simple moving average of $9.13 and a two-hundred day simple moving average of $7.39. Spartan Delta has a 12 month low of $2.52 and a 12 month high of $11.52.

Spartan Delta Company Profile

Spartan Delta Corp., trading on the OTC Markets under the symbol DALXF, is a Canada-based mineral exploration and development company. The company focuses on the acquisition, exploration and advancement of resource-stage properties targeting battery and critical metals, including nickel, copper, cobalt and gold. Spartan Delta seeks to capitalize on the growing demand for metals that support renewable energy, electric vehicles and advanced technologies.

Spartan Delta’s portfolio comprises early and advanced-stage projects in Canada, with a concentration in Ontario and Quebec.