Sparton Resources Inc. (CVE:SRI – Get Free Report) shares fell 20% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 122,000 shares traded hands during mid-day 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 company has a market capitalization of C$4.25 million, a price-to-earnings ratio of -4.22 and a beta of 0.77. 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 business has a fifty day moving average price of C$0.02 and a 200 day moving average price of 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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