Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.03 and traded as low as C$0.03. Canadian Spirit Resources shares last traded at C$0.03, with a volume of 48,000 shares traded.
Canadian Spirit Resources Price Performance
The company has a market cap of C$8.65 million, a price-to-earnings ratio of -3.00 and a beta of 1.44. The company’s 50 day moving average price is C$0.03 and its 200 day moving average price is C$0.04. The company has a current ratio of 1.18, a quick ratio of 2.06 and a debt-to-equity ratio of 0.07.
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.
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