Canadian Spirit Resources (CVE:SPI) Sets New 52-Week Low at $0.04

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 211000 shares traded. The stock had previously closed at C$0.05.

Canadian Spirit Resources Trading Down 11.1 %

The business has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.07. The company has a market cap of C$11.13 million, a P/E ratio of -4.50 and a beta of 1.75. The company has a quick ratio of 2.06, a current ratio of 0.56 and a debt-to-equity ratio of 0.08.

Canadian Spirit Resources (CVE:SPIGet Free Report) last announced its quarterly earnings data on Thursday, May 30th. The solar energy provider reported C($0.02) earnings per share for the quarter. The business had revenue of C$0.15 million during the quarter.

Canadian Spirit Resources Company Profile

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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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