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

Spartan Delta Corp. (OTCMKTS:DALXF) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Several research analysts recently issued reports on the company. National Bank Financial reaffirmed an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, November 5th. BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a report on Wednesday, February 11th. Scotiabank reaffirmed an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, January 21st. Finally, TD Securities reiterated a “buy” rating on shares of Spartan Delta in a research note on Tuesday, February 24th.

Spartan Delta Stock Up 4.7%

Shares of DALXF stock opened at $8.06 on Friday. Spartan Delta has a 12-month low of $1.70 and a 12-month high of $8.08. The business’s fifty day simple moving average is $6.34 and its 200-day simple moving average is $5.03.

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.