Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) rose 33.3% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 297,000 shares were traded during trading, an increase of 239% from the average daily volume of 87,541 shares. The stock had previously closed at C$0.02.
Canadian Spirit Resources Price Performance
The firm has a market capitalization of C$5.76 million, a P/E ratio of -1.00 and a beta of -0.40. 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 business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02.
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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