Wilton Resources (CVE:WIL) Trading Up 31.8% – Should You Buy?

Wilton Resources Inc. (CVE:WILGet Free Report)’s stock price rose 31.8% on Thursday . The company traded as high as C$0.29 and last traded at C$0.29. Approximately 486,265 shares traded hands during trading, an increase of 856% from the average daily volume of 50,844 shares. The stock had previously closed at C$0.22.

Wilton Resources Stock Up 29.5%

The stock has a market cap of C$21.99 million, a P/E ratio of -7.13 and a beta of 2.97. The business’s 50-day simple moving average is C$0.34 and its two-hundred day simple moving average is C$0.49.

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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