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Pipestone Energy keeps sliding, down 8.6% in 6 days Wednesday January 15, 2020 17:00 EST

Jan 15, 2020 - News Bites Canadian Markets


Pipestone Energy Corp. (TSXV:PIPE), Canada's 37th largest Oil & gas - exploration & production company by market cap, extended its slide on Wednesday, shedding an additional 5.0c (3.0%) to close at CAD1.59. The shares have tumbled 15.0c (8.6%) over the past six trading days, compared with the S&P/TSX 60 Index which rose 15.8 points (1.5%) in the six days for a relative price change of -10.2%. The fall was exacerbated by a cumulative 6-day volume of 2 times the a...