Simultaneously enhanced reflectance and transmittance greater than 35 dB are demonstrated for the lasing spaser (or spasing) behavior in an active fishnet metamaterial. In mimicking a lasing cavity, an equivalent active slab with Lorentz dispersion for the index of refraction is established to model the spasing metamaterial through the Fabry-Perot effect. Numerical and theoretical results show good agreement in the equal enhancement of reflectance and transmittance, as well as the non-monotonic dependence of the spasing intensity on the gain coefficient. In addition, directed emission of the spasing beam is verified numerically.