▲ +51.56% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Spartan Delta in the last 3 months. The average price target is $4.83, with a high forecast of $5.00 and a low forecast of $4.50. The average price target represents a 51.56% upside from the last price of $3.19.
The current consensus among 3 polled investment analysts is to buy stock in Spartan Delta.
Spartan Delta Corp. engages in the exploration, development, and production of petroleum and natural gas properties in the Western Canadian Sedimentary Basin in Canada. As of December 31, 2019, it held working interests in 10.7 net oil wells and 25.8 net gas wells in the Valhalla/Rycroft area of Alberta. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.