Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report)’s share price fell 20% during 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 Up 25.0 %
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 firm has a market cap of C$7.20 million, a price-to-earnings ratio of -2.50 and a beta of 1.44. The business’s 50 day moving average price is C$0.04 and its 200 day moving average price 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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