Shares of Sparton Resources Inc. (CVE:SRI – Get Free Report) fell 20% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 122,000 shares changed hands during trading, an increase of 4% from the average session volume of 117,417 shares. The stock had previously closed at C$0.03.
Sparton Resources Trading Up 25.0%
The firm has a market capitalization of C$4.25 million, a PE ratio of -4.22 and a beta of 0.77. The company has a quick ratio of 0.19, a current ratio of 0.40 and a debt-to-equity ratio of 25.38. The stock’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.
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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