Wilton Resources (CVE:WIL) Shares Up 29.5% – Time to Buy?

Wilton Resources Inc. (CVE:WILGet Free Report)’s stock price was up 29.5% during trading on Thursday . The stock 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 Trading Up 29.5%

The firm has a 50-day simple moving average of C$0.34 and a two-hundred day simple moving average of C$0.49. The company has a market capitalization of C$21.99 million, a price-to-earnings ratio of -7.13 and a beta of 2.97.

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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