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Sparta Capital Ltd V.SAY

Alternate Symbol(s):  SCAXF

Sparta Capital Ltd. owns a controlling interest in a network of independent businesses, which supplies energy-saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Its businesses are divided into three segments: capturing lost waste energy, converting existing waste for other uses and into new consumable forms, and optimizing energy efficiencies. Its subsidiaries include ReECO TECH, Illumineris and SuperNova Performance Technologies Ltd. ReECO TECH collects waste materials with a focus on converting such waste streams into new usable forms. Illumineris has three divisions: the photoluminescent safety products (Safety) division, the comprehensive energy audit (EMD) division and the power-factor correction (Energy Mitigation) division. SuperNova Performance Technologies Ltd. is a division focusing on green initiatives related to combustion, the transportation sector and storage technology.


TSXV:SAY - Post by User

Post by Smokey1958on Feb 24, 2021 7:57am
120 Views
Post# 32644816

Not Much Longer....

Not Much Longer....

....to wait. The Financials for Q1 2021 should be out next week. Morningstar's Fair Value sp is up a little at $.08 and their 1-star valuation is now up to $.16. It's hard to believe that a more optimistic shorterm future as expressed through the financials and another solid NR (update on the property development?) wouldn't see this easily reached.

Barchart still has a 100% Strong Buy. It hasn't been less than 88% for over a month. The strongest support is at $.06 and the resistance levels are all found between $.065 and $.07. Get to $.075 and Sparta might just fly a little.

A rest this week in preparation for some interesting times next.

GLTA!!!

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