Sparton Resources (CVE:SRI) Shares Up 20%

Sparton Resources Inc. (CVE:SRIGet Free Report) shares shot up 20% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 1,075,000 shares changed hands during trading, an increase of 779% from the average session volume of 122,359 shares. The stock had previously closed at C$0.03.

Sparton Resources Price Performance

The company’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The company has a market capitalization of C$5.09 million, a P/E ratio of -15.00 and a beta of 1.09. The company has a quick ratio of 0.19, a current ratio of 0.74 and a debt-to-equity ratio of 15.97.

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.

Further Reading

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