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Spartan Delta (TSE:SDE) Reaches New 1-Year High - Time to Buy?

Spartan Delta logo with Energy background

Key Points

  • Spartan Delta Corp. has reached a new 52-week high with its share price trading as high as C$5.20 before recently trading at C$5.03.
  • The company operates in the oil and gas sector, focusing on exploration and production in Alberta, particularly in the Peace River Arch and Central Alberta regions.
  • Spartan Delta's market capitalization is approximately C$1.01 billion, with significant trading volume of over 235,000 shares.
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Spartan Delta Corp. (TSE:SDE - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$5.20 and last traded at C$5.03, with a volume of 235356 shares trading hands. The stock had previously closed at C$5.14.

Spartan Delta Stock Performance

The firm has a 50 day moving average price of C$4.26 and a 200-day moving average price of C$3.53. 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 company has a market cap of C$999.38 million, a P/E ratio of 6.23 and a beta of 1.49.

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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