Wilton Resources (CVE:WIL) Trading 6.2% Higher – What’s Next?

Shares of Wilton Resources Inc. (CVE:WILGet Free Report) were up 6.2% on Monday . The company traded as high as C$0.90 and last traded at C$0.86. Approximately 70,656 shares traded hands during trading, an increase of 34% from the average daily volume of 52,746 shares. The stock had previously closed at C$0.81.

Wilton Resources Stock Performance

The business has a fifty day simple moving average of C$0.70 and a 200-day simple moving average of C$0.67. The firm has a market cap of C$63.05 million, a price-to-earnings ratio of -28.67 and a beta of 1.94.

Wilton Resources Company Profile

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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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