Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) were down 20% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 141,000 shares traded hands during mid-day trading, an increase of 117% from the average daily volume of 64,975 shares. The stock had previously closed at C$0.03.
Canadian Spirit Resources Price Performance
The company has a quick ratio of 2.06, a current ratio of 1.18 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of C$5.76 million, a price-to-earnings ratio of -2.00 and a beta of 1.44. The company has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.
Canadian Spirit Resources Company Profile
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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