Canadian Spirit Resources (CVE:SPI) Sets New 12-Month Low – Here’s Why

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 10280 shares. The stock had previously closed at C$0.04.

Canadian Spirit Resources Price Performance

The company has a market cap of C$8.65 million, a PE ratio of -3.50 and a beta of 1.44. The company’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.06 and a current ratio of 1.18.

Canadian Spirit Resources Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Canadian Spirit Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Spirit Resources and related companies with MarketBeat.com's FREE daily email newsletter.