Canadian Spirit Resources (CVE:SPI) Trading Up 33.3% – Here’s Why

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s share price was up 33.3% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 297,000 shares traded 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 Stock Performance

The company has a market capitalization 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. The stock has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

About Canadian Spirit Resources

(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.

Featured 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.