Shares of Sunset Pacific Petroleum Ltd (CVE:SPK) were up 75% on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 3,054,033 shares changed hands during mid-day trading, an increase of 1,260% from the average daily volume of 224,566 shares. The stock had previously closed at C$0.02.
The firm has a market cap of $1.48 million and a price-to-earnings 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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