Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 12100 shares trading hands. The stock had previously closed at C$0.01.
Canadian Spirit Resources Stock Performance
The company has a quick ratio of 2.06, a current ratio of 1.18 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of C$2.88 million, a price-to-earnings ratio of -0.17 and a beta of -2.39. The stock’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.
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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