Spartan Delta (TSE:SDE) Given a C$5.25 Price Target at Ventum Financial

Ventum Financial set a C$5.25 price target on Spartan Delta (TSE:SDE - Free Report) in a report issued on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on SDE. National Bankshares boosted their price objective on shares of Spartan Delta from C$5.75 to C$6.00 and gave the company an "outperform" rating in a research report on Thursday, December 19th. National Bank Financial raised shares of Spartan Delta to a "strong-buy" rating in a research report on Thursday, January 30th. Scotiabank upped their target price on Spartan Delta from C$6.00 to C$7.50 in a research note on Thursday, January 30th. BMO Capital Markets decreased their price target on Spartan Delta from C$6.00 to C$5.00 in a research note on Friday, December 13th. Finally, Desjardins raised Spartan Delta to a "moderate buy" rating in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Strong Buy" and a consensus target price of C$6.16.

Spartan Delta Trading Down 11.0 %

Shares of Spartan Delta stock traded down C$0.34 on Monday, reaching C$2.75. The company had a trading volume of 770,643 shares, compared to its average volume of 413,250. The firm has a market cap of C$550.76 million, a price-to-earnings ratio of 3.43 and a beta of 1.49. The company has a debt-to-equity ratio of 28.49, a current ratio of 0.80 and a quick ratio of 0.66. The firm's 50-day moving average price is C$3.43 and its two-hundred day moving average price is C$3.52. Spartan Delta has a 1 year low of C$2.70 and a 1 year high of C$4.36.

Insider Transactions at Spartan Delta

In other news, Senior Officer Ojay Platt sold 20,333 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of C$3.02, for a total transaction of C$61,405.66. Corporate insiders own 12.43% of the company's stock.

Spartan Delta Company Profile

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.