Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) rose 33.3% during mid-day trading 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 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 Up 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 company has a market capitalization of C$5.76 million, a price-to-earnings ratio of -1.00 and a beta of -0.40. The business’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02.
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.
Further Reading
- Five stocks we like better than Canadian Spirit Resources
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Rivian’s Chart Says Go, But Some Analysts Still Say No
- What is a Secondary Public Offering? What Investors Need to Know
- e.l.f. Sell-Off Is a Good Time to Buy, According to Analysts
- Stock Dividend Cuts Happen Are You Ready?
- T-Mobile Is The Most Oversold Mega-Cap Stock—Time to Buy?
Receive News & Ratings for Canadian Spirit Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Spirit Resources and related companies with MarketBeat.com's FREE daily email newsletter.
