Sunset Pacific Petroleum (CVE:SPK) Shares Up 75%

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Sunset Pacific Petroleum Ltd (CVE:SPK) shot up 75% during trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04, 935,966 shares were traded during trading. An increase of 247% from the average session volume of 269,765 shares. The stock had previously closed at C$0.02.

The company has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.03. The company has a market capitalization of $1.60 million and a P/E ratio of -6.67.

Sunset Pacific Petroleum Company Profile (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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