Shares of Sparton Resources Inc. (CVE:SRI – Get Free Report) fell 16.7% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 154,343 shares were traded during 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 Price Performance
The firm has a market cap of C$4.25 million, a P/E ratio of -4.22 and a beta of 0.77. The stock’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a quick ratio of 0.19, a current ratio of 0.40 and a debt-to-equity ratio of 25.38.
Sparton Resources Company Profile
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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