Hillcrest Petroleum (CVE:HRH) Stock Price Up 10% – Time to Buy?

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report)’s stock price rose 10% during mid-day trading on Thursday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 968,083 shares were traded during 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 Stock Up 10.0 %

The company’s 50-day moving average price is C$0.22 and its 200-day moving average price is C$0.22. The firm has a market cap of C$46.26 million and a price-to-earnings ratio of -12.94.

About Hillcrest Petroleum

(Get Free Report)

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.

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