Shares of Sparton Resources Inc. (CVE:SRI – Get Free Report) were down 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 154,343 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 118,849 shares. The stock had previously closed at C$0.03.
Sparton Resources Price Performance
The firm has a market capitalization of C$4.25 million, a P/E ratio of -4.22 and a beta of 0.77. The company has a debt-to-equity ratio of 25.38, a quick ratio of 0.19 and a current ratio of 0.40. The firm has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02.
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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