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

Spartan Delta Corp. (OTCMKTS:DALXF) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

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

Spartan Delta Stock Performance

OTCMKTS:DALXF opened at $8.27 on Friday. The stock’s 50-day moving average is $8.18 and its 200-day moving average is $6.19. Spartan Delta has a 1-year low of $1.89 and a 1-year high of $9.81.

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.