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

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

Several analysts recently issued reports on DALXF shares. TD Securities reaffirmed a “buy” rating on shares of Spartan Delta in a research note on Tuesday, January 6th. BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a research report on Tuesday, January 6th. National Bankshares reaffirmed an “outperform” rating on shares of Spartan Delta in a report on Wednesday, November 5th. Finally, Scotiabank reissued an “outperform” rating on shares of Spartan Delta in a research note on Thursday, October 9th.

Spartan Delta Stock Up 1.7%

Spartan Delta stock opened at $5.83 on Thursday. The company has a fifty day simple moving average of $5.28 and a 200-day simple moving average of $4.21. Spartan Delta has a 52-week low of $1.70 and a 52-week high of $5.83.

About Spartan Delta

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.