Canadian Spirit Resources (CVE:SPI) Trading Up 33.3% – What’s Next?

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s stock price traded up 33.3% during trading on Saturday . The company 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 Price Performance

The firm has a market capitalization of C$5.76 million, a price-to-earnings ratio of -1.00 and a beta of -0.40. The stock’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a current ratio of 1.18, a quick ratio of 2.06 and a debt-to-equity ratio of 0.07.

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.

Further Reading

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