Wilton Resources (CVE:WIL) Trading Up 7.1% – What’s Next?

Wilton Resources Inc. (CVE:WIL) shares were up 7.1% on Wednesday . The company traded as high as C$0.66 and last traded at C$0.60. Approximately 59,200 shares traded hands during mid-day trading, an increase of 57% from the average daily volume of 37,767 shares. The stock had previously closed at C$0.56.

Wilton Resources Stock Performance

The firm’s fifty day moving average is C$0.67 and its 200-day moving average is C$0.66. The company has a market capitalization of C$37.21 million, a P/E ratio of -17.49 and a beta of 1.94.

About Wilton Resources

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.