Hillcrest Petroleum (CVE:HRH) Shares Up 10% – Still a Buy?

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report) shares traded up 10% during mid-day trading on Monday . The stock traded as high as C$0.22 and last traded at C$0.22. 968,083 shares changed hands during 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 Stock Up 10.0 %

The firm has a market cap of C$46.26 million and a P/E ratio of -12.94. The business has a fifty day moving average of C$0.22 and a 200 day moving average 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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