Sparton Resources (CVE:SRI) Reaches New 12-Month Low – What’s Next?

Sparton Resources Inc. (CVE:SRIGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1000 shares traded. The stock had previously closed at C$0.03.

Sparton Resources Price Performance

The company has a debt-to-equity ratio of 11.46, a quick ratio of 0.19 and a current ratio of 0.62. The stock has a market capitalization of C$3.63 million, a PE ratio of -4.22 and a beta of 0.77. The company’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03.

About Sparton Resources

(Get Free Report)

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. The company also engages in the vanadium redox flow battery; Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia; and provision of drilling services.

Read More

Receive News & Ratings for Sparton Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparton Resources and related companies with MarketBeat.com's FREE daily email newsletter.