Hillcrest Petroleum Ltd. (CVE:HRH – Get Free Report)’s stock price rose 10% during mid-day trading on Friday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 968,083 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 3,372,558 shares. The stock had previously closed at C$0.20.
Hillcrest Petroleum Price Performance
The firm has a 50-day moving average of C$0.22 and a 200 day moving average of C$0.22. The stock has a market capitalization of C$46.26 million and a price-to-earnings ratio of -12.94.
Hillcrest Petroleum Company Profile
Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in North America. It has an option to acquire 75% working interest in West Hazel field, a petroleum asset located in the Western Canadian Sedimentary Basin, Saskatchewan. The company was formerly known as Hillcrest Resources Ltd. and changed its name to Hillcrest Petroleum Ltd. in March 2015. Hillcrest Petroleum Ltd. was founded in 2006 and is headquartered in Vancouver, Canada.
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