Hillcrest Petroleum (CVE:HRH) Trading 10% Higher – Here’s Why

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report)’s share price traded up 10% during trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. 968,083 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 3,372,558 shares. The stock had previously closed at C$0.20.

Hillcrest Petroleum Price Performance

The firm has a market cap of C$46.26 million and a PE ratio of -12.94. The business has a fifty day moving average price of C$0.22 and a two-hundred day moving average price of C$0.22.

Hillcrest Petroleum Company Profile

(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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