Wilton Resources (CVE:WIL) Stock Price Up 29.5% – Should You Buy?

Shares of Wilton Resources Inc. (CVE:WILGet Free Report) traded up 29.5% during mid-day trading on Friday . The company traded as high as C$0.29 and last traded at C$0.29. 494,161 shares changed hands during mid-day trading, an increase of 871% from the average session volume of 50,892 shares. The stock had previously closed at C$0.22.

Wilton Resources Stock Performance

The business’s 50 day simple moving average is C$0.34 and its 200-day simple moving average is C$0.49. The company has a market cap of C$21.99 million, a price-to-earnings ratio of -7.13 and a beta of 2.97.

Wilton Resources Company Profile

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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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