Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 35000 shares traded. The stock had previously closed at C$0.03.
Canadian Spirit Resources Price Performance
The company has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.05. The stock has a market capitalization of C$7.20 million, a P/E ratio of -3.00 and a beta of 1.44. The company has a quick ratio of 2.06, a current ratio of 1.18 and a debt-to-equity ratio of 0.07.
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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