Wilton Resources (CVE:WIL) Trading Down 18.1% – Here’s Why

Shares of Wilton Resources Inc. (CVE:WILGet Free Report) were 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 traded hands during 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 Trading Down 18.1%

The firm’s fifty day simple moving average is C$0.39 and its two-hundred day simple moving average is C$0.55. The company 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

(Get Free Report)

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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