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

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

DALXF has been the subject of a number of recent analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of Spartan Delta in a report on Wednesday, January 21st. TD Securities reaffirmed a “buy” rating on shares of Spartan Delta in a research note on Tuesday, February 24th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Spartan Delta in a report on Wednesday, February 11th.

Spartan Delta Price Performance

Shares of OTCMKTS:DALXF opened at $9.49 on Tuesday. Spartan Delta has a one year low of $1.70 and a one year high of $9.52. The firm has a 50 day simple moving average of $7.55 and a 200 day simple moving average of $5.71.

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.