Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.03 and traded as low as C$0.03. Canadian Spirit Resources shares last traded at C$0.03, with a volume of 7,000 shares trading hands.
Canadian Spirit Resources Stock Down 16.7 %
The firm has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The firm has a market capitalization of C$7.20 million, a price-to-earnings ratio of -2.50 and a beta of 1.44. The company has a current ratio of 1.18, a quick ratio of 2.06 and a debt-to-equity ratio of 0.07.
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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