Sparton Resources Inc. (CVE:SRI – Get Free Report) shot up 14.3% during mid-day trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04. 566,500 shares were traded during mid-day trading, an increase of 311% from the average session volume of 137,773 shares. The stock had previously closed at C$0.04.
Sparton Resources Stock Up 14.3 %
The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The firm has a market capitalization of C$6.79 million, a PE ratio of -15.00 and a beta of 1.09. The company has a debt-to-equity ratio of 15.97, a quick ratio of 0.19 and a current ratio of 0.74.
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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