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

Spartan Delta Corp. (OTCMKTS:DALXFGet Free Report) has earned a consensus rating of “Buy” from the six ratings firms that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a buy rating.

Several analysts have issued reports on DALXF shares. Royal Bank Of Canada initiated coverage on shares of Spartan Delta in a research note on Wednesday. They issued an “outperform” rating for the company. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Spartan Delta in a report on Friday, July 31st.

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Spartan Delta Stock Down 1.7%

OTCMKTS DALXF opened at $8.97 on Wednesday. Spartan Delta has a 52 week low of $3.62 and a 52 week high of $11.52. The company has a fifty day moving average of $9.01 and a two-hundred day moving average of $8.83.

Spartan Delta Company Profile

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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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Analyst Recommendations for Spartan Delta (OTCMKTS:DALXF)

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