Sunset Pacific Petroleum Ltd (CVE:SPK)’s share price dropped 22.2% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 588,600 shares were traded during trading, an increase of 64% from the average daily volume of 359,465 shares. The stock had previously closed at C$0.05.
The company has a market cap of $2.22 million and a P/E ratio of -8.00.
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About Sunset Pacific Petroleum (CVE:SPK)
Sunset Pacific Petroleum Ltd., a junior resource exploration company, acquires, explores for, and develops natural resource properties primarily in North Africa and the Middle East. It primarily explores for oil and gas properties. The company was formerly known as Bighorn Petroleum Ltd. and changed its name to Sunset Pacific Petroleum Ltd.
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