Sparton Resources (CVE:SRI) Stock Price Up 25% – What’s Next?

Sparton Resources Inc. (CVE:SRIGet Free Report) shares rose 25% during trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 186,694 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 145,262 shares. The stock had previously closed at C$0.04.

Sparton Resources Stock Up 25.0 %

The firm has a market capitalization of C$8.49 million, a PE ratio of -15.00 and a beta of 1.14. The company has a current ratio of 0.74, a quick ratio of 0.19 and a debt-to-equity ratio of 15.97. The stock has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03.

About Sparton Resources

(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.

Featured Stories

Receive News & Ratings for Sparton Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparton Resources and related companies with MarketBeat.com's FREE daily email newsletter.