Wilton Resources (CVE:WIL) Trading 28.3% Higher – Time to Buy?

Wilton Resources Inc. (CVE:WILGet Free Report) shares shot up 28.3% on Friday . The company traded as high as C$0.70 and last traded at C$0.68. 139,100 shares changed hands during mid-day trading, an increase of 257% from the average session volume of 38,993 shares. The stock had previously closed at C$0.53.

Wilton Resources Stock Up 14.7 %

The business’s 50 day simple moving average is C$0.54 and its 200 day simple moving average is C$0.66. The company has a market capitalization of C$56.90 million, a PE ratio of -26.75 and a beta of 1.94.

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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