Shares of Sunpeaks Ventures Inc. (OTC: SNPK), a distributor of hard-to-find and specialty drugs to the healthcare provider market in the U.S., are continuing to rally in trading today.
At last check, SNPK shares were trading 29.55% higher at $0.0570 on volume of 835,039. The stock has now gained more than 61% in the last three trading sessions.
SNPKâ€™s recent gains could be due to some stock promotion activity as the company has not made any major announcements in the last few weeks.
According to a filing made by Sunpeaks Ventures last month, the company had total revenue of $478,000 for the three-month period ended March 30, 2012. SNPKâ€™s gross profit for the quarter ended March 30, 2012 was $213,000. The company posted a net loss of $343,000 for the three-month period.