Sparton Resources Inc. (CVE:SRI – Get Free Report) shares were down 16.7% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 154,343 shares were traded 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 cap of C$4.25 million, a PE ratio of -4.22 and a beta of 0.77. The firm has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a debt-to-equity ratio of 25.38, a current ratio of 0.40 and a quick ratio of 0.19.
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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