Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) dropped 20% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 71,000 shares changed hands during trading, an increase of 10% from the average daily volume of 64,650 shares. The stock had previously closed at C$0.03.
Canadian Spirit Resources Price Performance
The company has a current ratio of 1.18, a quick ratio of 2.06 and a debt-to-equity ratio of 0.07. The company has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The stock has a market capitalization of C$7.20 million, a P/E ratio of -2.50 and a beta of 1.44.
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.
See Also
- Five stocks we like better than Canadian Spirit Resources
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Opal Fuels CEO on Steering the Future of Renewable Natural Gas
- What Are the FAANG Stocks and Are They Good Investments?
- MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
- Insider Trading – What You Need to Know
- 2 Underrated Quantum Computing Companies Starting to Rally
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.
