Date: Nov 19, 2018
Sparton Resources Inc. (CVE:SRI) shares fell 12.5% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 254,100 shares changed hands during trading, an increase of 22% from the average session volume of 208,336 shares. The stock had previously closed at C$0.08.
The company has a current ratio of 0.11, a quick ratio of 0.07 and a debt-to-equity ratio of 25.73.
In other news, insider Yongbiao Ding sold 500,000 shares of the firm’s stock in a transaction on Monday, October 29th. The stock was sold at an average price of C$0.10, for a total value of C$50,000.00. Over the last 90 days, insiders sold 630,000 shares of company stock valued at $63,700.
