Hillcrest Petroleum (CVE:HRH) Trading 10% Higher – Here’s What Happened

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report) shares shot up 10% during trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. 968,083 shares changed hands during 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 Stock Up 10.0%

The company has a market cap of C$46.26 million and a price-to-earnings ratio of -12.94. The firm has a 50 day moving average price of C$0.22 and a two-hundred day moving average price of C$0.22.

About Hillcrest Petroleum

(Get Free Report)

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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