Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 3600 shares. The stock had previously closed at C$0.01.
Canadian Spirit Resources Trading Down 33.3%
The firm’s 50 day moving average is C$0.02 and its 200 day moving average 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. The company has a market capitalization of C$2.88 million, a PE ratio of -0.17 and a beta of -2.39.
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. 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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