Spartan Delta (SDE.TO and DALXF) Valuation Update - Apr 14Mar 26

[dan_s]

Spartan Delta (SDE.TO) was the top performing stock in our Small-Cap Growth Portfolio last year.
At $11.58Cdn today it is up another 58.2% YTD.

Why? Because it continues to report outstanding well results in the Duvernay oil play in Western Canada. Spartan Delta controls a large block of Tier One leasehold in the Duvernay that is looking like one of the top oil plays in North America, making Spartan Delta a Takeover Target.

My current valuation is $13.00 Cdn, which compares to First Call's price target of $12.94Cdn.

TipRanks: This is the most recently updated price target > "In a report released March 3, Christopher True from Roth MKM initiated coverage with a Buy rating on Spartan Delta and a price target of C$13.50."