Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report)’s share price shot up 33.3% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 297,000 shares changed hands during mid-day trading, an increase of 239% from the average session volume of 87,541 shares. The stock had previously closed at C$0.02.
Canadian Spirit Resources Price Performance
The stock has a market capitalization of C$5.76 million, a price-to-earnings ratio of -1.00 and a beta of -0.40. The business’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.18 and a quick ratio of 2.06.
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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