Spartan Delta (OTCMKTS:DALXF) Given “Outperform” Rating at BMO Capital Markets

BMO Capital Markets reissued their outperform rating on shares of Spartan Delta (OTCMKTS:DALXFFree Report) in a research note released on Tuesday morning, Benzinga reports. The firm currently has a $5.50 price objective on the stock.

Spartan Delta Trading Down 0.7 %

DALXF stock opened at $2.74 on Tuesday. Spartan Delta has a 12 month low of $1.95 and a 12 month high of $12.39. The company’s 50 day simple moving average is $2.50 and its 200-day simple moving average is $2.55.

Spartan Delta Company Profile

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Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada. Its assets are located in Montney and Deep Basin. The company was formerly known as Return Energy Inc and changed its name to Spartan Delta Corp. in May 2020. The company was incorporated in 2006 and is headquartered in Calgary, Canada.

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