Today we feature Canadian Spirit Resources Inc. (TSXV: SPI), an oil exploration & production company, as the top momentum gainer since the stock climbed more than 11%, touching its 52-week high during the last two consecutive trading days with increased trading volumes. In the last session, SPI was among the top performers in the Canadian energy space after rising 10.9% and closing at its 52-week high of C$0.61 while recording significant volume of 123,100 shares. During the past 5-trading sessions, SPI soared 48.8% with daily average trading volume of 190,551 shares, while the stock accumulated over 38% during the past one month with one-month average volumes of 24,725 shares. So far this year, the stock has provided returns of over 160%.
Company Description:
Canadian Spirit Resources Inc (TSXV: SPI) is a resource company. The company owns several petroleum and gas rights to in Canada, and is looking for joint venture opportunities in its areas of interest.
1-Year Stock Chart:
Source: Bloomberg
