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

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report)’s stock price shot 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 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 Trading Up 33.3%

The company has a market capitalization of C$5.76 million, a PE ratio of -1.00 and a beta of -0.40. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.06 and a current ratio of 1.18. The business has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

About Canadian Spirit Resources

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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.

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