Spartan Delta Corp. (OTCMKTS:DALXF) Receives Average Rating of “Moderate Buy” from Brokerages

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

A number of analysts have issued reports on DALXF shares. TD Securities reiterated a “buy” rating on shares of Spartan Delta in a report on Tuesday, February 24th. BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, February 11th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Spartan Delta in a report on Wednesday, January 21st.

Spartan Delta Trading Down 1.0%

Spartan Delta stock opened at $7.80 on Friday. Spartan Delta has a 1 year low of $1.70 and a 1 year high of $8.34. The firm’s 50 day moving average price is $6.54 and its 200-day moving average price is $5.13.

About Spartan Delta

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.