Spartan Delta Corp. (OTCMKTS:DALXF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Spartan Delta Corp. (OTCMKTS:DALXF) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

DALXF has been the subject of several analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a report on Wednesday, May 6th. TD Securities reiterated a “buy” rating on shares of Spartan Delta in a report on Wednesday, May 6th.

Spartan Delta Trading Down 4.3%

Shares of DALXF opened at $8.57 on Friday. Spartan Delta has a 12 month low of $2.70 and a 12 month high of $11.52. The stock has a fifty day moving average price of $9.11 and a 200-day moving average price of $7.52.

Spartan Delta Company Profile

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.