Spartan Delta (DALXF) Projected to Announce Earnings on Wednesday

Spartan Delta (OTCMKTS:DALXF) will likely be announcing its resultson Wednesday, August 5th. Analysts expect Spartan Delta to announce earnings of $0.1103 per share and revenue of $97.2780 million for the quarter.

Spartan Delta Trading Down 3.1%

Shares of DALXF stock opened at $7.89 on Wednesday. Spartan Delta has a 12 month low of $3.30 and a 12 month high of $11.52. The stock has a 50 day moving average of $8.44 and a two-hundred day moving average of $8.17.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on DALXF shares. TD Securities reaffirmed a “buy” rating on shares of Spartan Delta in a research report on Wednesday, May 6th. BMO Capital Markets reissued an “outperform” rating on shares of Spartan Delta in a research note on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Spartan Delta Company Profile

Spartan Delta Corp., trading on the OTC Markets under the symbol DALXF, is a Canada-based mineral exploration and development company. The company focuses on the acquisition, exploration and advancement of resource-stage properties targeting battery and critical metals, including nickel, copper, cobalt and gold. Spartan Delta seeks to capitalize on the growing demand for metals that support renewable energy, electric vehicles and advanced technologies.

Spartan Delta’s portfolio comprises early and advanced-stage projects in Canada, with a concentration in Ontario and Quebec.