Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.04.
Canadian Spirit Resources Stock Down 12.5 %
The firm has a market capitalization of C$10.09 million, a price-to-earnings ratio of -3.50 and a beta of 1.44. The business has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.18 and a quick ratio of 2.06.
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.
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