Wilton Resources (CVE:WIL) Trading Down 18.6% – Should You Sell?

Wilton Resources Inc. (CVE:WILGet Free Report) shares were down 18.6% on Friday . The stock traded as low as C$0.34 and last traded at C$0.35. Approximately 524,550 shares were traded during trading, an increase of 1,167% from the average daily volume of 41,385 shares. The stock had previously closed at C$0.43.

Wilton Resources Price Performance

The firm’s 50-day simple moving average is C$0.49 and its two-hundred day simple moving average is C$0.58. The company has a market capitalization of C$29.97 million, a price-to-earnings ratio of -13.33 and a beta of 3.00.

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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