Sparton Resources (CVE:SRI) Sets New 12-Month Low – Here’s What Happened

Sparton Resources Inc. (CVE:SRIGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 11000 shares trading hands. The stock had previously closed at C$0.03.

Sparton Resources Stock Performance

The firm has a market capitalization of C$3.40 million, a PE ratio of -4.22 and a beta of 1.11. The company has a quick ratio of 0.19, a current ratio of 0.40 and a debt-to-equity ratio of 25.38. The company has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.03.

About Sparton Resources

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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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