Shares of Spartan Delta Corp. (OTCMKTS:DALXF – Get Free Report) have received an average recommendation of “Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation.
A number of research firms have recently issued reports on DALXF. BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a research report on Thursday. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Spartan Delta in a report on Friday, October 9th. Scotiabank reaffirmed an “outperform” rating on shares of Spartan Delta in a research note on Monday, October 19th. Finally, Royal Bank Of Canada began coverage on Spartan Delta in a research note on Wednesday, September 23rd. They issued an “outperform” rating for the company.
Read Our Latest Stock Report on Spartan Delta
Spartan Delta Price Performance
DALXF stock opened at $10.68 on Friday. Spartan Delta has a 52 week low of $4.24 and a 52 week high of $11.52. The company’s 50-day moving average price is $9.53 and its 200 day moving average price is $8.98.
Spartan Delta Company Profile
Spartan Delta Corp. is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on acquiring, developing and operating energy assets in the Western Canadian Sedimentary Basin, with an emphasis on natural gas, natural gas liquids and crude oil production.
Spartan Delta’s operations have historically been concentrated in Alberta, including the Deep Basin and other liquids-rich areas. Its activities include drilling and completing wells, operating production infrastructure, and marketing the hydrocarbons produced from its properties.
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