Spartan Delta (DALXF) to Release Quarterly Earnings on Wednesday

Spartan Delta (OTCMKTS:DALXF) is expected to release its results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $0.1103 per share and revenue of $134.8370 million for the quarter.

Spartan Delta Stock Performance

DALXF opened at $8.53 on Monday. Spartan Delta has a fifty-two week low of $3.30 and a fifty-two week high of $11.52. The firm has a 50-day moving average of $8.36 and a 200 day moving average of $8.23.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, May 6th. TD Securities reissued a “buy” rating on shares of Spartan Delta in a report on Wednesday, May 6th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Spartan Delta in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Spartan Delta has an average rating of “Moderate Buy”.

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.