Shares of Hillcrest Petroleum Ltd. (CVE:HRH – Get Free Report) were up 10% on Tuesday. The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 968,083 shares were traded during mid-day 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 Trading 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 50-day moving average price of C$0.22 and a 200-day moving average price of C$0.22.
About Hillcrest Petroleum
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. and changed its name to Hillcrest Petroleum Ltd. in March 2015. Hillcrest Petroleum Ltd. was founded in 2006 and is headquartered in Vancouver, Canada.
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