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

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

A number of analysts have recently weighed in on DALXF shares. Scotiabank restated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, January 21st. TD Securities reissued a “buy” rating on shares of Spartan Delta in a report on Wednesday, May 6th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, May 6th.

Spartan Delta Trading Up 4.4%

Shares of DALXF opened at $9.65 on Wednesday. The stock has a fifty day moving average price of $8.80 and a two-hundred day moving average price of $6.82. Spartan Delta has a 52-week low of $2.00 and a 52-week high of $10.49.

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.