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An update from Delta Resources ( (TSE:DLTA) ) is now available.
Delta Resources Limited has announced its participation in the 121 Mining Investment Conference in London, where interim CEO Ron Kopas will present the company’s recent and future activities. This event, scheduled for November 17-18, will host over 150 mining companies and more than 500 investors, offering a platform for Delta Resources to enhance its industry positioning and engage with potential investors.
Spark’s Take on TSE:DLTA Stock
According to Spark, TipRanks’ AI Analyst, TSE:DLTA is a Underperform.
Delta Resources has a challenging financial situation characterized by zero revenue, ongoing losses, and dependence on external funding. Technical analysis indicates a bearish trend, and the valuation is unattractive due to a negative P/E ratio. Overall, the stock faces significant risks with limited upside potential in the current environment.
To see Spark’s full report on TSE:DLTA stock, click here.
More about Delta Resources
Delta Resources Limited is a Canadian mineral exploration and project development company focused on its Delta-1 Gold Project in Ontario, where it has made a significant near-surface gold discovery. The property covers 297 square kilometres and is located just 50 kilometres west of Thunder Bay, directly adjacent to the Trans-Canada Highway.
Average Trading Volume: 183,492
Technical Sentiment Signal: Buy
Current Market Cap: C$21.53M
Find detailed analytics on DLTA stock on TipRanks’ Stock Analysis page.