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Weekly: Pine Cliff Energy tumbles 7.1% on low volume September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Pine Cliff Energy Ltd. (TSX:PNE), Canada's 59th largest Oil & gas - exploration & production company by market cap, has sunk 2.50c (or 7.1%) in the past week to close at 32.50c. Compared with the S&P/TSX 60 Index which rose 14.9 points (or 1.6%) in the week, this represented a relative price change of -8.6%. The volume was 0.3 times average trading per week of 2.3 million shares. In the past week the market cap has declined CAD7.7 million (US$5.9 million).

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