Wilton Resources (CVE:WIL) Stock Price Up 29.5% – Still a Buy?

Wilton Resources Inc. (CVE:WILGet Free Report) was up 29.5% during trading on Friday . The stock traded as high as C$0.29 and last traded at C$0.29. Approximately 494,161 shares traded hands 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 company has a 50 day simple moving average of C$0.34 and a 200 day simple moving average of C$0.48. The company has a market capitalization of C$21.61 million, a PE ratio of -7.00 and a beta of 2.97.

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.

Further Reading

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