Wilton Resources (CVE:WIL) Stock Price Down 18.1% – Here’s What Happened

Wilton Resources Inc. (CVE:WIL)’s share price was down 18.1% during trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 379,769 shares were traded during mid-day trading, an increase of 789% from the average daily volume of 42,702 shares. The stock had previously closed at C$0.36.

Wilton Resources Price Performance

The business’s 50-day simple moving average is C$0.39 and its two-hundred day simple moving average is C$0.55. The stock has a market capitalization of C$22.10 million, a price-to-earnings ratio of -9.83 and a beta of 2.95.

Wilton Resources Company Profile

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.