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

Canadian Spirit Resources Inc. (CVE:SPIGet 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 211000 shares trading hands. The stock had previously closed at C$0.05.

Canadian Spirit Resources Price Performance

The company has a quick ratio of 2.06, a current ratio of 0.56 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of C$11.13 million, a price-to-earnings ratio of -4.00 and a beta of 1.75. The company has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07.

Canadian Spirit Resources (CVE:SPIGet Free Report) last issued its quarterly earnings data on Thursday, May 30th. The solar energy provider reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$0.15 million for the quarter.

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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