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

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

DALXF has been the topic of a number of recent analyst reports. TD Securities reiterated a “buy” rating on shares of Spartan Delta in a report on Tuesday. BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a research report on Tuesday. National Bankshares reaffirmed an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, November 5th. Finally, Scotiabank reiterated an “outperform” rating on shares of Spartan Delta in a report on Thursday, October 9th.

Spartan Delta Price Performance

Spartan Delta stock opened at $5.23 on Thursday. The firm has a 50 day simple moving average of $5.17 and a 200-day simple moving average of $4.11. Spartan Delta has a 1-year low of $1.70 and a 1-year high of $5.80.

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.