Sparton Resources Inc. (CVE:SRI – Get Free Report) rose 16.7% during mid-day trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 115,000 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 118,373 shares. The stock had previously closed at C$0.03.
Sparton Resources Stock Performance
The stock has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.02. The firm has a market capitalization of C$5.95 million, a price-to-earnings ratio of -4.22 and a beta of 0.57. The company has a quick ratio of 0.19, a current ratio of 0.40 and a debt-to-equity ratio of 25.38.
Sparton Resources Company Profile
Sparton Resources Inc, an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauquelin Township, Quebec; and Sir Harry Oakes Gold Property, including 46 mining claims and 3 mining leases in the Matachewan Gold Area; and Pens Polymetallic Property.
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