Spartan Delta Corp. (TSE:SDE) Given Consensus Recommendation of “Moderate Buy” by Analysts

Posted by on Jun 10th, 2026

Shares of Spartan Delta Corp. (TSE:SDE – Get Free Report) have received a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$13.52.

SDE has been the subject of a number of recent research reports. Ventum Financial upped their price objective on shares of Spartan Delta from C$10.50 to C$12.25 and gave the stock a “buy” rating in a report on Tuesday, February 24th. ATB Cormark Capital Markets upgraded shares of Spartan Delta from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from C$13.25 to C$17.00 in a report on Wednesday, May 6th. Desjardins upped their price objective on shares of Spartan Delta from C$9.50 to C$11.00 and gave the stock a “hold” rating in a report on Tuesday, February 24th. BMO Capital Markets upped their price objective on shares of Spartan Delta from C$13.50 to C$16.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Finally, Ventum Capital upped their price objective on shares of Spartan Delta from C$14.50 to C$15.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th.

View Our Latest Analysis on Spartan Delta

Insiders Place Their Bets

In other Spartan Delta news, insider Ojay Platt sold 5,582 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$13.04, for a total transaction of C$72,789.28. Following the completion of the transaction, the insider owned 122,307 shares of the company’s stock, valued at C$1,594,883.28. The trade was a 4.36% decrease in their position. Also, insider Robert John Day sold 6,191 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of C$11.91, for a total transaction of C$73,734.81. Following the sale, the insider owned 90,284 shares of the company’s stock, valued at C$1,075,282.44. This trade represents a 6.42% decrease in their ownership of the stock. Insiders sold 14,163 shares of company stock valued at $177,690 over the last quarter. 12.43% of the stock is currently owned by corporate insiders.

Spartan Delta Price Performance

TSE SDE opened at C$12.54 on Friday. The stock has a market capitalization of C$2.54 billion, a P/E ratio of 40.45 and a beta of -0.01. Spartan Delta has a 1 year low of C$3.45 and a 1 year high of C$14.40. The business’s fifty day moving average is C$12.56 and its two-hundred day moving average is C$10.26. The company has a debt-to-equity ratio of 39.96, a quick ratio of 0.66 and a current ratio of 0.58.

Spartan Delta (TSE:SDE – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported C($0.07) earnings per share for the quarter. Spartan Delta had a return on equity of 9.84% and a net margin of 14.14%.The firm had revenue of C$136.90 million for the quarter. On average, research analysts forecast that Spartan Delta will post 0.305004 earnings per share for the current fiscal year.

Spartan Delta Company Profile

(Get Free Report)

Spartan is committed to creating value for its shareholders, focused on sustainability in both operations and financial performance. The Company’s culture is centered on generating Free Funds Flow through responsible oil and gas exploration and development. The Company has established a portfolio of high-quality production and development opportunities in the Deep Basin and the Duvernay. Spartan will continue to focus on the execution of the Company’s organic drilling program across its portfolio, delivering operational synergies in a respectful and responsible manner in relation to the environment and communities it operates in.

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Analyst Recommendations for Spartan Delta (TSE:SDE)

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