Spartan Delta Corp. (OTCMKTS:DALXF) Short Interest Update

Spartan Delta Corp. (OTCMKTS:DALXF) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,888,107 shares, a growth of 75.7% from the June 15th total of 1,074,731 shares. Based on an average daily trading volume, of 109,558 shares, the short-interest ratio is currently 17.2 days.

Analysts Set New Price Targets

DALXF has been the subject of a number of analyst reports. TD Securities reaffirmed a “buy” rating on shares of Spartan Delta in a report on Wednesday, May 6th. BMO Capital Markets reissued an “outperform” rating on shares of Spartan Delta in a research report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Spartan Delta currently has an average rating of “Moderate Buy”.

Spartan Delta Trading Down 22.0%

Shares of Spartan Delta stock opened at $8.18 on Friday. Spartan Delta has a 12-month low of $3.28 and a 12-month high of $11.52. The company has a 50-day simple moving average of $8.66 and a 200 day simple moving average of $8.01.

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.