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

Shares of Spartan Delta Corp. (OTCMKTS:DALXF) have earned an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company.

A number of research analysts recently weighed in on DALXF shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, February 11th. TD Securities reaffirmed a “buy” rating on shares of Spartan Delta in a research report on Tuesday, February 24th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, January 21st.

Spartan Delta Stock Up 4.5%

DALXF stock opened at $8.65 on Friday. Spartan Delta has a twelve month low of $1.89 and a twelve month high of $9.81. The business has a 50 day moving average of $8.21 and a 200 day moving average of $6.26.

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.