Canadian Spirit Resources (CVE:SPI) Shares Up 33.3% – Here’s What Happened

by · The Cerbat Gem

Shares of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report) rose 33.3% on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 297,000 shares were traded 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 Performance

The stock has a fifty day moving average of C$0.02 and a 200-day 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. The company has a quick ratio of 2.06, a current ratio of 1.18 and a debt-to-equity ratio of 0.07.

About Canadian Spirit Resources

(Get Free Report)

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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