Sparton Resources (CVE:SRI) Reaches New 12-Month Low – Time to Sell?

Sparton Resources Inc. (CVE:SRIGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 44000 shares changing hands. The stock had previously closed at C$0.03.

Sparton Resources Price Performance

The company has a debt-to-equity ratio of 25.38, a current ratio of 0.40 and a quick ratio of 0.19. The company has a market cap of C$3.40 million, a price-to-earnings ratio of -4.22 and a beta of 1.11. The stock has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

Sparton Resources Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Sparton Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparton Resources and related companies with MarketBeat.com's FREE daily email newsletter.