Sparton Resources Inc. (CVE:SRI – Get Free Report) traded down 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 413,500 shares traded hands during mid-day trading, an increase of 391% from the average session volume of 84,190 shares. The stock had previously closed at C$0.03.
Sparton Resources Stock Performance
The company has a quick ratio of 0.19, a current ratio of 0.74 and a debt-to-equity ratio of 15.97. The stock has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a market capitalization 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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