Shares of Sparton Resources Inc. (CVE:SRI – Get Free Report) traded down 16.7% on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 154,343 shares traded hands during mid-day trading, an increase of 30% from the average session volume of 118,849 shares. The stock had previously closed at C$0.03.
Sparton Resources Stock Down 16.7%
The company has a debt-to-equity ratio of 25.38, a current ratio of 0.40 and a quick ratio of 0.19. The stock has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a market cap of C$4.25 million, a P/E ratio of -4.22 and a beta of 0.77.
About Sparton Resources
Sparton Resources Inc, an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauquelin Township, Quebec; and Sir Harry Oakes Gold Property, including 46 mining claims and 3 mining leases in the Matachewan Gold Area; and Pens Polymetallic Property.
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