Canadian Spirit Resources (CVE:SPI) Sets New 52-Week Low – Here’s What Happened

Canadian Spirit Resources Inc. (CVE:SPIGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 10000 shares. The stock had previously closed at C$0.03.

Canadian Spirit Resources Price Performance

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 of C$0.03 and a 200-day moving average of C$0.03. The firm has a market capitalization of C$5.76 million, a P/E ratio of -2.00 and a beta of 1.44.

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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