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

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

Wilton Resources Price Performance

The firm has a market cap of C$22.10 million, a PE ratio of -9.83 and a beta of 2.95. The business has a 50-day moving average price of C$0.39 and a two-hundred day moving average price of C$0.55.

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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