Sparton Resources Inc. (CVE:SRI – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 70000 shares traded. The stock had previously closed at C$0.02.
Sparton Resources Stock Performance
The stock has a market capitalization of C$2.73 million, a price-to-earnings ratio of -4.22 and a beta of 0.85. The stock’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.02. The company has a current ratio of 0.30, a quick ratio of 0.19 and a debt-to-equity ratio of 29.20.
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. The company also engages in the vanadium redox flow battery; Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia; and provision of drilling services.
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