Horizon Petroleum Ltd (CVE:HPL) shares traded down 12.5% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, 18,000 shares were traded during mid-day trading. A decline of 80% from the average session volume of 88,415 shares. The stock had previously closed at C$0.04.

The business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.05. The company has a market cap of $2.10 million and a price-to-earnings ratio of -0.85.

Horizon Petroleum Company Profile (CVE:HPL)

Horizon Petroleum Ltd. engages in the acquisition, exploration, and development of oil and gas properties internationally. The company is headquartered in Calgary, Canada.

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