Sparta Capital (CVE:SAY) Shares Down 25% – Here’s Why

Sparta Capital Ltd. (CVE:SAY)’s share price dropped 25% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 439,100 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 525,600 shares. The stock had previously closed at C$0.02.

Sparta Capital Price Performance

The company has a market capitalization of C$3.74 million, a PE ratio of -2.00 and a beta of 1.59. The company has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

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.