Canadian Spirit Resources (CVE:SPI) Reaches New 12-Month Low – Here’s Why

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 236000 shares traded. The stock had previously closed at C$0.02.

Canadian Spirit Resources Price Performance

The stock has a market cap of C$4.32 million, a PE ratio of -0.25 and a beta of -0.40. The stock’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.18 and a quick ratio of 2.06.

Canadian Spirit Resources Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Canadian Spirit Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Spirit Resources and related companies with MarketBeat.com's FREE daily email newsletter.