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

Spartan Delta Corp. (OTCMKTS:DALXF) has received a consensus rating of “Buy” from the five research firms that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a buy rating.

DALXF has been the topic of several research analyst reports. TD Securities reaffirmed a “buy” rating on shares of Spartan Delta in a research report on Wednesday, May 6th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Spartan Delta in a research note on Friday, July 31st. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Spartan Delta in a report on Wednesday, May 6th.

Spartan Delta Price Performance

Shares of DALXF stock opened at $9.33 on Tuesday. Spartan Delta has a 1-year low of $3.35 and a 1-year high of $11.52. The firm has a fifty day moving average of $8.51 and a two-hundred day moving average of $8.60.

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.