Canadian Spirit Resources (CVE:SPI) Shares Up 33.3% – Should You Buy?

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s share price traded up 33.3% during trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. 297,000 shares traded hands during mid-day trading, an increase of 239% from the average session volume of 87,541 shares. The stock had previously closed at C$0.02.

Canadian Spirit Resources Stock Performance

The company has a market cap of C$5.76 million, a P/E ratio of -1.00 and a beta of -0.40. 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 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

Canadian Spirit Resources Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Canadian Spirit Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Spirit Resources and related companies with MarketBeat.com's FREE daily email newsletter.