Sparton Resources (CVE:SRI) Hits New 12-Month Low – Should You Sell?

Sparton Resources Inc. (CVE:SRIGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 13000 shares traded. The stock had previously closed at C$0.03.

Sparton Resources Price Performance

The firm has a market cap of C$3.63 million, a price-to-earnings ratio of -4.22 and a beta of 0.84. The company has a quick ratio of 0.19, a current ratio of 0.62 and a debt-to-equity ratio of 11.46. The company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.03.

Sparton Resources Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Sparton Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparton Resources and related companies with MarketBeat.com's FREE daily email newsletter.