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 ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

Several analysts have recently issued reports on DALXF shares. Scotiabank reiterated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, January 21st. National Bankshares reaffirmed an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, November 5th. TD Securities reissued a “buy” rating on shares of Spartan Delta in a research report on Tuesday, January 6th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a research note on Tuesday, January 6th.

Spartan Delta Stock Up 3.4%

Shares of DALXF opened at $7.01 on Monday. Spartan Delta has a fifty-two week low of $1.70 and a fifty-two week high of $7.07. The firm’s 50 day moving average price is $5.73 and its 200 day moving average price is $4.63.

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.