Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) were up 33.3% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 297,000 shares traded hands during mid-day trading, an increase of 239% from the average daily volume of 87,541 shares. The stock had previously closed at C$0.02.
Canadian Spirit Resources Stock Performance
The company has a debt-to-equity ratio of 0.07, a current ratio of 1.18 and a quick ratio of 2.06. The stock has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The firm has a market capitalization of C$5.76 million, a P/E ratio of -1.00 and a beta of -0.40.
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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