Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 149000 shares changing hands. The stock had previously closed at C$0.03.
Canadian Spirit Resources Price Performance
The firm’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.04. The company has a current ratio of 1.18, a quick ratio of 2.06 and a debt-to-equity ratio of 0.07. The company has a market capitalization of C$8.65 million, a price-to-earnings ratio of -3.00 and a beta of 1.44.
About Canadian Spirit Resources
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
- Five stocks we like better than Canadian Spirit Resources
- Best Stocks Under $5.00
- Corporate Crawl: Where Business Trips Turn Into Party Nights?
- Investing in the High PE Growth Stocks
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- How to Invest in Small Cap Stocks
- Is Advanced Micro Devices Stock Slide Over?
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.
