Sparton Resources Inc. (CVE:SRI – Get Free Report)’s share price was up 40% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 167,000 shares changed hands during mid-day trading, an increase of 40% from the average daily volume of 119,642 shares. The stock had previously closed at C$0.03.
Sparton Resources Stock Performance
The company has a debt-to-equity ratio of 25.38, a current ratio of 0.40 and a quick ratio of 0.19. The company has a market capitalization of C$5.10 million, a price-to-earnings ratio of -4.22 and a beta of 0.77. The stock has a 50 day simple moving average of C$0.02 and a two-hundred 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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