Sparton Resources Inc. (CVE:SRI)’s share price hit a new 52-week low on Friday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 10900 shares changing hands. The stock had previously closed at C$0.05.
The firm has a market cap of $6.29 million and a price-to-earnings ratio of -8.00. The company has a debt-to-equity ratio of 24.82, a current ratio of 0.13 and a quick ratio of 0.11.
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Sparton Resources Inc, an exploration and development stage company, focuses on the exploration and evaluation of properties in Canada and China. The company's primary projects are the Chebucto natural gas field located in the Sable Island area of offshore Nova Scotia; and the VanSpar vanadium and battery commissioning projects in China.
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