Spartan Delta Corp. (TSE:SDE - Get Free Report) Senior Officer Martin Malek acquired 17,700 shares of Spartan Delta stock in a transaction on Tuesday, April 8th. The shares were purchased at an average price of C$2.83 per share, with a total value of C$50,091.00.
Spartan Delta Trading Down 10.1 %
Shares of SDE opened at C$2.49 on Wednesday. Spartan Delta Corp. has a twelve month low of C$2.49 and a twelve month high of C$4.36. The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 28.49. The company's fifty day simple moving average is C$3.33 and its 200-day simple moving average is C$3.48. The company has a market cap of C$498.69 million, a P/E ratio of 3.11 and a beta of 1.49.
Analyst Ratings Changes
Several equities research analysts recently weighed in on SDE shares. Desjardins raised shares of Spartan Delta to a "moderate buy" rating in a research report on Thursday, January 30th. Ventum Financial set a C$5.25 price target on shares of Spartan Delta and gave the company a "buy" rating in a report on Monday, March 31st. BMO Capital Markets decreased their price objective on shares of Spartan Delta from C$6.00 to C$5.00 in a report on Friday, December 13th. National Bankshares raised their target price on shares of Spartan Delta from C$5.75 to C$6.00 and gave the stock an "outperform" rating in a report on Thursday, December 19th. Finally, Scotiabank boosted their target price on shares of Spartan Delta from C$6.00 to C$7.50 in a research note on Thursday, January 30th. Four analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Strong Buy" and an average target price of C$6.16.
View Our Latest Research Report on SDE
Spartan Delta Company Profile
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Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. The company operates and focuses its activities on Peace River Arch and Central Alberta.
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