Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) shares traded down 20% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 141,000 shares were traded during mid-day trading, an increase of 117% from the average session volume of 64,975 shares. The stock had previously closed at C$0.03.
Canadian Spirit Resources Stock Performance
The company has a market cap of C$5.76 million, a PE ratio of -2.00 and a beta of 1.44. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.06 and a current ratio of 1.18. The stock’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.
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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