Canadian Spirit Resources (CVE:SPI) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.03 and traded as low as C$0.03. Canadian Spirit Resources shares last traded at C$0.03, with a volume of 4,575 shares changing hands.

Canadian Spirit Resources Stock Up 25.0 %

The company has a market cap of C$7.20 million, a P/E ratio of -2.50 and a beta of 1.44. The stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a current ratio of 1.18, a quick ratio of 2.06 and a debt-to-equity ratio of 0.07.

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.

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