Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) rose 33.3% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 297,000 shares changed hands during mid-day trading, an increase of 239% from the average daily volume of 87,541 shares. The stock had previously closed at C$0.02.
Canadian Spirit Resources Trading Up 33.3%
The firm’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a market cap of C$5.76 million, a price-to-earnings ratio of -1.00 and a beta of -0.40. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.18 and a quick ratio of 2.06.
Canadian Spirit Resources Company Profile
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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