Shares of Sparton Resources Inc. (CVE:SRI – Get Free Report) traded up 40% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 167,000 shares were traded during mid-day trading, an increase of 40% from the average session volume of 119,642 shares. The stock had previously closed at C$0.03.
Sparton Resources Price Performance
The company has a debt-to-equity ratio of 25.38, a quick ratio of 0.19 and a current ratio of 0.40. The company has a market cap of C$5.10 million, a price-to-earnings ratio of -4.22 and a beta of 0.77. The business has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.
About Sparton Resources
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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