Spartan Delta Corp. (OTCMKTS:DALXF) Given Average Rating of “Moderate Buy” by Analysts

Shares of Spartan Delta Corp. (OTCMKTS:DALXF) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

A number of research firms have commented on DALXF. BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, February 11th. Scotiabank restated an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, January 21st. Finally, TD Securities reaffirmed a “buy” rating on shares of Spartan Delta in a research note on Tuesday, February 24th.

Spartan Delta Stock Performance

DALXF opened at $9.23 on Tuesday. Spartan Delta has a 1-year low of $1.70 and a 1-year high of $9.35. The stock’s 50 day simple moving average is $7.48 and its 200 day simple moving average is $5.65.

Spartan Delta Company Profile

Spartan Delta Corp., trading on the OTC Markets under the symbol DALXF, is a Canada-based mineral exploration and development company. The company focuses on the acquisition, exploration and advancement of resource-stage properties targeting battery and critical metals, including nickel, copper, cobalt and gold. Spartan Delta seeks to capitalize on the growing demand for metals that support renewable energy, electric vehicles and advanced technologies.

Spartan Delta’s portfolio comprises early and advanced-stage projects in Canada, with a concentration in Ontario and Quebec.