Spartan Delta (TSE:SDE) Trading Up 3% – Time to Buy?

Posted by Defense World Staff on Jun 27th, 2025

Spartan Delta Corp. (TSE:SDE – Get Free Report)’s stock price was up 3% during mid-day trading on Thursday . The company traded as high as C$3.82 and last traded at C$3.81. Approximately 178,674 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 373,209 shares. The stock had previously closed at C$3.70.

Wall Street Analysts Forecast Growth

SDE has been the topic of several recent analyst reports. Ventum Financial set a C$5.25 price target on shares of Spartan Delta and gave the company a “buy” rating in a report on Monday, March 31st. Ventum Cap Mkts raised shares of Spartan Delta to a “strong-buy” rating in a research report on Monday, March 31st. Finally, CIBC cut their price objective on Spartan Delta from C$7.00 to C$5.00 in a research note on Thursday, April 10th. Two equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and a consensus target price of C$5.63.

View Our Latest Research Report on Spartan Delta

Spartan Delta Stock Performance

The stock has a market cap of C$763.05 million, a P/E ratio of 4.76 and a beta of 1.49. The company has a debt-to-equity ratio of 28.49, a current ratio of 0.80 and a quick ratio of 0.66. The company has a fifty day moving average of C$3.17 and a 200 day moving average of C$3.30.

Insider Transactions at Spartan Delta

In related news, Senior Officer Martin Malek purchased 17,700 shares of the company’s stock in a transaction on Tuesday, April 8th. The shares were bought at an average price of C$2.83 per share, with a total value of C$50,091.00. Company insiders own 12.43% of the company’s stock.

About Spartan Delta

(Get Free Report)

Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. The company operates and focuses its activities on Peace River Arch and Central Alberta.