Canadian Spirit Resources (CVE:SPI) share price is moving above its 50-day moving average of $0.04

Share price of Canadian Spirit Resources Inc. (CVE:SPI – Get Free Report ) broke above its fifty day moving average during trading on Wednesday. The stock has a fifty-day moving average of $0.04 and traded as low as $0.05. Shares of Canadian Spirit Resources last traded at $0.05 with a volume of 32,000 shares traded.

Canadian Spirit Resources stocks rise 12.5%

The company has a 50-day moving average price of $0.04 and a 200-day moving average price of $0.06. The company has a market cap of $12.97 million, a price-to-earnings ratio of -4.50 and a beta of 1.45. 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 a free report)

Canadian Spirit Resources Inc, a natural resources company, is focused on identifying and developing opportunities in Canada’s unconventional natural gas sector. It is primarily developing the Montney Formation natural gas and natural gas liquids resource play in the Farrell Creek Montney area of ​​northeastern British Columbia.

Recommended articles

Get Canadian Spirit Resources news and ratings 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.