Spartan Delta Corp. (OTCMKTS:DALXF) Given Average Rating of “Moderate Buy” by Analysts

Spartan Delta Corp. (OTCMKTS:DALXF) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several brokerages have recently weighed in on DALXF. Scotiabank reissued an “outperform” rating on shares of Spartan Delta in a research note on Thursday, October 9th. National Bankshares reaffirmed an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, November 5th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Spartan Delta in a research note on Tuesday, January 6th. Finally, TD Securities restated a “buy” rating on shares of Spartan Delta in a research note on Tuesday, January 6th.

Spartan Delta Stock Up 3.5%

OTCMKTS:DALXF opened at $5.61 on Thursday. The firm’s 50-day simple moving average is $5.23 and its 200 day simple moving average is $4.18. Spartan Delta has a 52 week low of $1.70 and a 52 week high of $5.80.

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.