Wilton Resources (CVE:WIL) Shares Up 28.3% – What’s Next?

Wilton Resources Inc. (CVE:WILGet Free Report)’s share price was up 28.3% during mid-day trading on Friday . The stock traded as high as C$0.70 and last traded at C$0.68. Approximately 139,100 shares changed hands during trading, an increase of 257% from the average daily volume of 38,993 shares. The stock had previously closed at C$0.53.

Wilton Resources Stock Performance

The stock has a market cap of C$56.90 million, a price-to-earnings ratio of -26.75 and a beta of 1.94. The business has a fifty day simple moving average of C$0.54 and a 200 day simple moving average of C$0.66.

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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