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

Shares of Spartan Delta Corp. (OTCMKTS:DALXF) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company.

A number of research firms recently issued reports on DALXF. TD Securities restated a “buy” rating on shares of Spartan Delta in a research report 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 Up 1.7%

OTCMKTS:DALXF opened at $8.41 on Thursday. The stock has a 50 day moving average of $8.84 and a 200-day moving average of $7.87. Spartan Delta has a 52 week low of $3.07 and a 52 week 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.