Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 12100 shares. The stock had previously closed at C$0.01.
Canadian Spirit Resources Stock Down 33.3%
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 business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a market capitalization of C$2.88 million, a price-to-earnings ratio of -0.17 and a beta of -2.39.
About Canadian Spirit Resources
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. The company was formerly known as Spirit Energy Corp. and changed its name to Canadian Spirit Resources Inc in June 2004. Canadian Spirit Resources Inc was incorporated in 1987 and is headquartered in Calgary, Canada.
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