Shares of Spartan Delta Corp. (TSE:SDE - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$4.83 and last traded at C$4.81, with a volume of 53627 shares. The stock had previously closed at C$4.75.
Wall Street Analyst Weigh In
Separately, CIBC decreased their price objective on shares of Spartan Delta from C$7.00 to C$5.00 in a report on Thursday, April 10th. Two investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Strong Buy" and a consensus price target of C$5.63.
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Spartan Delta Price Performance
The company's fifty day moving average price is C$3.95 and its 200 day moving average price is C$3.47. The company has a debt-to-equity ratio of 28.49, a quick ratio of 0.66 and a current ratio of 0.80. The firm has a market capitalization of C$915.26 million, a price-to-earnings ratio of 5.70 and a beta of 1.49.
Spartan Delta Company Profile
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Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. The company operates and focuses its activities on Peace River Arch and Central Alberta.
Further Reading
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