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Spartan Delta (TSE:SDE) Hits New 12-Month High - What's Next?

Spartan Delta logo with Energy background

Key Points

  • Spartan Delta Corp. (TSE:SDE) reached a new 52-week high of C$4.92 during trading, closing at C$4.88 with a volume of 285,011 shares.
  • CIBC has downgraded the company's target price from C$7.00 to C$5.00, while the average target price remains at C$5.63 with a consensus rating of "Strong Buy."
  • Spartan Delta has a market cap of C$1.00 billion and is focused on oil and gas exploration and production in Alberta's Peace River Arch and Central Alberta regions.
  • Looking to export and analyze Spartan Delta data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Spartan Delta Corp. (TSE:SDE - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$4.92 and last traded at C$4.88, with a volume of 285011 shares. The stock had previously closed at C$4.74.

Spartan Delta Stock Performance

The stock has a market capitalization of C$1.03 billion, a price-to-earnings ratio of 6.42 and a beta of 1.49. The firm has a fifty day moving average of C$4.16 and a 200 day moving average of C$3.50. The company has a debt-to-equity ratio of 28.49, a current ratio of 0.80 and a quick ratio of 0.66.

Spartan Delta Company Profile

(Get Free Report)

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.

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