Sparton Resources Inc. (CVE:SRI – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.02, with a volume of 413500 shares traded. The stock had previously closed at C$0.03.
Sparton Resources Price Performance
The firm’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a debt-to-equity ratio of 15.97, a current ratio of 0.74 and a quick ratio of 0.19. The company has a market cap of C$3.40 million, a price-to-earnings ratio of -15.00 and a beta of 1.09.
About Sparton Resources
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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