Spartan Delta Corp. (OTCMKTS:DALXF) Given Average Rating of “Moderate Buy” by Brokerages
by Michael Walen · The Markets DailySpartan Delta Corp. (OTCMKTS:DALXF – Get Free Report) has received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.
A number of equities research analysts recently commented on DALXF shares. Scotiabank restated an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, January 21st. TD Securities reissued a “buy” rating on shares of Spartan Delta in a research note on Tuesday, February 24th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, February 11th.
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Spartan Delta Trading Down 1.5%
OTCMKTS:DALXF opened at $8.63 on Tuesday. Spartan Delta has a 1 year low of $1.70 and a 1 year high of $9.08. The firm has a 50 day moving average of $7.28 and a 200-day moving average of $5.56.
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.