Wilton Resources (CVE:WIL) Shares Up 9.9% – Still a Buy?

Wilton Resources Inc. (CVE:WILGet Free Report)’s share price rose 9.9% during mid-day trading on Friday . The stock traded as high as C$0.39 and last traded at C$0.39. Approximately 17,000 shares traded hands during trading, a decline of 49% from the average daily volume of 33,290 shares. The stock had previously closed at C$0.36.

Wilton Resources Trading Up 9.9%

The stock has a 50 day moving average price of C$0.38 and a 200 day moving average price of C$0.37. The company has a market capitalization of C$30.09 million, a P/E ratio of -9.75 and a beta of 2.62.

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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