Canadian Spirit Resources (CVE:SPI) Stock Price Passes Above 50-Day Moving Average of $0.04

Shares of Canadian Spirit Resources Inc. (CVE:SPIGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.04 and traded as high as C$0.05. Canadian Spirit Resources shares last traded at C$0.05, with a volume of 32,000 shares.

Canadian Spirit Resources Stock Performance

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 firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06. The company has a market capitalization of C$12.97 million, a price-to-earnings ratio of -4.50 and a beta of 1.45.

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.

Further Reading

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