Spartan Delta (DALXF) Projected to Post Earnings on Wednesday

Spartan Delta (OTCMKTS:DALXF) is projected to release its results after the market closes on Wednesday, August 5th. Analysts expect Spartan Delta to announce earnings of $0.1103 per share and revenue of $134.8370 million for the quarter.

Spartan Delta Price Performance

Shares of OTCMKTS:DALXF opened at $8.53 on Tuesday. The company’s 50 day simple moving average is $8.34 and its 200 day simple moving average is $8.25. Spartan Delta has a 1 year low of $3.30 and a 1 year high of $11.52.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Spartan Delta in a research note on Friday. TD Securities reiterated a “buy” rating on shares of Spartan Delta in a research note on Wednesday, May 6th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Spartan Delta in a report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Spartan Delta presently has an average rating of “Moderate Buy”.

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.