Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 15000 shares changing hands. The stock had previously closed at C$0.04.
Canadian Spirit Resources Stock Down 12.5 %
The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price is 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. The company has a market cap of C$10.09 million, a price-to-earnings ratio of -3.50 and a beta of 1.44.
Canadian Spirit Resources Company Profile
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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