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

Spartan Delta Corp. (OTCMKTS:DALXF) has been given an average rating of “Moderate Buy” by the six brokerages that are 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 brokerages have recently issued reports on DALXF. BMO Capital Markets reaffirmed an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, May 6th. TD Securities reissued a “buy” rating on shares of Spartan Delta in a research report on Wednesday, May 6th. Finally, Scotiabank restated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, January 21st.

Spartan Delta Trading Down 2.4%

DALXF opened at $10.20 on Wednesday. The business’s 50-day moving average is $9.02 and its two-hundred day moving average is $7.02. Spartan Delta has a 1 year low of $2.06 and a 1 year high of $11.52.

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.