Sparta Capital (CVE:SAY) Trading Down 25% – Here’s What Happened

Sparta Capital Ltd. (CVE:SAY)’s share price dropped 25% on Monday . The stock traded as low as C$0.01 and last traded at C$0.02. Approximately 305,000 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 398,748 shares. The stock had previously closed at C$0.02.

Sparta Capital Stock Performance

The business has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The firm has a market capitalization of C$3.74 million, a PE ratio of -2.00 and a beta of 1.59.

About Sparta Capital

Sparta Capital Ltd. provides environment, energy, and innovation services in Canada. The company collects e-waste materials to recycle, as well upcycling waste into new material. It also provides a complimentary suite of technologies to analyze and assist clients in receiving value from wasted sources of energy within existing power systems, such as peak power mitigation systems through energy storage technology, power-factor and harmonic mitigation, LED lighting retrofits, photoluminescent safety products, and internet of things monitoring systems.