Wilton Resources (CVE:WIL) Stock Price Up 9.9% – Here’s Why

Shares of Wilton Resources Inc. (CVE:WILGet Free Report) shot up 9.9% on Friday . The stock traded as high as C$0.39 and last traded at C$0.39. 17,000 shares changed hands during trading, a decline of 49% from the average session volume of 33,290 shares. The stock had previously closed at C$0.36.

Wilton Resources Stock Up 9.9%

The company’s 50 day moving average is C$0.38 and its 200 day moving average is C$0.37. The firm has a market capitalization of C$30.09 million, a price-to-earnings ratio of -9.75 and a beta of 2.62.

About Wilton Resources

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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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