Sparta Capital (CVE:SAY) Stock Price Down 25% – Here’s Why

Sparta Capital Ltd. (CVE:SAY)’s share price traded down 25% during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.02. 305,000 shares were traded during trading, a decline of 24% from the average session volume of 398,748 shares. The stock had previously closed at C$0.02.

Sparta Capital Stock Performance

The firm’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a market cap of C$3.74 million, a P/E ratio of -2.00 and a beta of 1.59.

Sparta Capital Company Profile

Sparta Capital Ltd. provides environment, energy, and innovation services in Canada. The company collects e-waste materials to recycle, as well upcycling waste into new material. It also provides a complimentary suite of technologies to analyze and assist clients in receiving value from wasted sources of energy within existing power systems, such as peak power mitigation systems through energy storage technology, power-factor and harmonic mitigation, LED lighting retrofits, photoluminescent safety products, and internet of things monitoring systems.