Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get 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 52000 shares. The stock had previously closed at C$0.05.
Canadian Spirit Resources Stock Performance
The stock has a market capitalization of C$11.53 million, a price-to-earnings ratio of -4.00 and a beta of 1.45. The company has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.06. The company has a quick ratio of 2.06, a current ratio of 1.18 and a debt-to-equity ratio of 0.07.
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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