Wilton Resources (CVE:WIL) Stock Price Up 61.3% – Time to Buy?

Wilton Resources Inc. (CVE:WILGet Free Report)’s share price rose 61.3% on Tuesday . The company traded as high as C$0.50 and last traded at C$0.50. Approximately 126,236 shares were traded during mid-day trading, an increase of 268% from the average daily volume of 34,341 shares. The stock had previously closed at C$0.31.

Wilton Resources Price Performance

The company has a market cap of C$32.71 million, a price-to-earnings ratio of -10.00 and a beta of 2.55. The business’s fifty day moving average price is C$0.34 and its 200 day moving average price is C$0.34.

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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