Sparton Resources (CVE:SRI) Hits New 1-Year High – What’s Next?

by · The Markets Daily

Sparton Resources Inc. (CVE:SRI – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05, with a volume of 56000 shares. The stock had previously closed at C$0.04.

Sparton Resources Price Performance

The firm has a market capitalization of C$7.64 million, a price-to-earnings ratio of -15.00 and a beta of 1.14. The company’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a current ratio of 0.74, a quick ratio of 0.19 and a debt-to-equity ratio of 15.97.

Sparton Resources Company Profile

(Get Free Report)

Sparton Resources Inc, an exploration and development stage company, engages in the exploration and evaluation of properties in Canada. It has an option agreement to acquire interest in the Bruell Gold Property comprises 20 claims located in Vauquelin Township, Quebec; and Sir Harry Oakes Gold Property, including 46 mining claims and 3 mining leases in the Matachewan Gold Area; and Pens Polymetallic Property.

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