Canadian Spirit Resources (CVE:SPI) Sets New 52-Week Low at $0.04

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 65000 shares. The stock had previously closed at C$0.05.

Canadian Spirit Resources Price Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.06 and a current ratio of 1.18. The business’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The stock has a market cap of C$12.97 million, a price-to-earnings ratio of -4.50 and a beta of 1.45.

Canadian Spirit Resources Company Profile

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Canadian Spirit Resources Inc, a natural resources company, focuses on the identification and development of opportunities in the unconventional natural gas sector in Canada. It primarily develops the Montney Formation natural gas and natural gas liquids resource play in the Farrell Creek Montney area of northeastern British Columbia.

Further Reading

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