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

Shares of Spartan Delta Corp. (OTCMKTS:DALXF) have been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

A number of equities analysts recently issued reports on the company. Scotiabank reaffirmed an “outperform” rating on shares of Spartan Delta in a report on Wednesday, January 21st. BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, February 11th. National Bank Financial restated an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, November 5th. Finally, TD Securities restated a “buy” rating on shares of Spartan Delta in a research note on Tuesday.

Spartan Delta Stock Up 3.8%

Spartan Delta stock opened at $7.70 on Friday. The company has a fifty day simple moving average of $6.28 and a 200-day simple moving average of $4.98. Spartan Delta has a 12-month low of $1.70 and a 12-month high of $7.85.

About Spartan Delta

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.