Sparton Resources (CVE:SRI) Hits New 1-Year Low at $0.03

Shares of Sparton Resources Inc. (CVE:SRIGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 23352 shares. The stock had previously closed at C$0.04.

Sparton Resources Stock Down 14.3 %

The company’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The company has a current ratio of 1.14, a quick ratio of 0.19 and a debt-to-equity ratio of 13.60. The firm has a market cap of C$4.90 million, a P/E ratio of -15.00 and a beta of 1.31.

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.

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