Wilton Resources (CVE:WIL) Stock Price Up 28.3% – Time to Buy?

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

Wilton Resources Stock Up 14.7 %

The company 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’s fifty day simple moving average is C$0.54 and its two-hundred day simple moving average is C$0.66.

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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