Canadian Spirit Resources (CVE:SPI) Hits New 1-Year Low – Here’s What Happened

by · The Markets Daily

Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 3600 shares changing hands. The stock had previously closed at C$0.01.

Canadian Spirit Resources Trading Down 33.3%

The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.06 and a current ratio of 1.18. The stock has a market capitalization of C$2.88 million, a P/E ratio of -0.17 and a beta of -2.39. The stock has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

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. The company was formerly known as Spirit Energy Corp. and changed its name to Canadian Spirit Resources Inc in June 2004. Canadian Spirit Resources Inc was incorporated in 1987 and is headquartered in Calgary, Canada.

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