Canadian Spirit Resources (CVE:SPI) Sets New 52-Week Low at $0.04

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 40000 shares changing hands. The stock had previously closed at C$0.05.

Canadian Spirit Resources Trading Down 11.1 %

The stock has a market cap of C$11.53 million, a P/E ratio of -4.00 and a beta of 1.45. 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 fifty day moving average is C$0.04 and its 200 day moving average is C$0.06.

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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