Canadian Spirit Resources (CVE:SPI) Share Price Crosses Below 50 Day Moving Average of $0.08

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.06. Canadian Spirit Resources shares last traded at C$0.06, with a volume of 4,822 shares.

Canadian Spirit Resources Trading Down 14.3 %

The company has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.07. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.06 and a current ratio of 0.56. The company has a market capitalization of C$16.69 million, a PE ratio of -6.00 and a beta of 1.75.

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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