Spartan Delta Corp. (OTCMKTS:DALXF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Spartan Delta Corp. (OTCMKTS:DALXF) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat.com 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 analysts have issued reports on DALXF shares. BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a research note on Tuesday. TD Securities restated a “buy” rating on shares of Spartan Delta in a report on Tuesday. Scotiabank reiterated an “outperform” rating on shares of Spartan Delta in a report on Thursday, October 9th. Finally, National Bankshares reissued an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, November 5th.

Spartan Delta Trading Up 3.4%

Shares of Spartan Delta stock opened at $5.42 on Thursday. The company has a 50-day simple moving average of $5.21 and a two-hundred day simple moving average of $4.15. Spartan Delta has a twelve month low of $1.70 and a twelve month high of $5.80.

About Spartan Delta

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.