Wilton Resources (CVE:WIL) Shares Down 18.1% – What’s Next?

Wilton Resources Inc. (CVE:WILGet Free Report) shares fell 18.1% on Friday . The stock traded as low as C$0.29 and last traded at C$0.30. 379,769 shares were traded during mid-day trading, an increase of 789% from the average session volume of 42,702 shares. The stock had previously closed at C$0.36.

Wilton Resources Stock Performance

The firm has a market cap of C$22.10 million, a price-to-earnings ratio of -9.83 and a beta of 2.95. The business’s 50-day moving average is C$0.39 and its 200-day moving average is C$0.55.

About Wilton Resources

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Wilton Resources Inc operates as an oil and gas exploration and development company in Canada. It also focuses on acquiring oil and gas properties in the Middle East and Africa. The company was formerly known as Hackamore Capital Corp. and changed its name to Wilton Resources Inc in October 2008. Wilton Resources Inc was incorporated in 2007 and is based in Calgary, Canada.

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