Sparton Resources Inc. (CVE:SRI – Get Free Report) rose 50% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 500,000 shares changed hands during trading, an increase of 321% from the average daily volume of 118,814 shares. The stock had previously closed at C$0.02.
Sparton Resources Price Performance
The company has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The stock has a market capitalization of C$5.10 million, a PE ratio of -4.22 and a beta of 0.77. The company has a debt-to-equity ratio of 25.38, a current ratio of 0.40 and a quick ratio of 0.19.
Sparton Resources Company Profile
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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