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

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

Wilton Resources Stock Performance

The stock has a market capitalization of C$21.61 million, a PE ratio of -7.00 and a beta of 2.97. The company’s fifty day simple moving average is C$0.34 and its two-hundred day simple moving average is C$0.48.

Wilton Resources Company Profile

(Get Free Report)

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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