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

Shares of Spartan Delta Corp. (OTCMKTS:DALXF) have been given an average rating of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

A number of brokerages recently issued reports on DALXF. TD Securities reiterated a “buy” rating on shares of Spartan Delta in a research note on Wednesday, May 6th. Scotiabank reiterated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, January 21st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, May 6th.

Spartan Delta Price Performance

OTCMKTS:DALXF opened at $10.22 on Wednesday. The firm’s 50-day moving average price is $8.92 and its 200-day moving average price is $6.94. Spartan Delta has a 1-year low of $2.02 and a 1-year 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.