Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.03.
Canadian Spirit Resources Stock Down 20.0 %
The firm’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. 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$5.76 million, a P/E ratio of -2.00 and a beta of 1.44.
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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