Sparton Resources Inc. (CVE:SRI – Get Free Report) shares were down 20% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 122,000 shares traded hands during trading, an increase of 4% from the average daily volume of 117,417 shares. The stock had previously closed at C$0.03.
Sparton Resources Trading Down 20.0%
The business’s 50-day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market capitalization of C$3.40 million, a P/E ratio of -4.22 and a beta of 0.77. The company has a debt-to-equity ratio of 25.38, a current ratio of 0.40 and a quick ratio of 0.19.
About Sparton Resources
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.
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