Wilton Resources (CVE:WIL) Trading Down 16.7% – Time to Sell?

Wilton Resources Inc. (CVE:WILGet Free Report) dropped 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.30 and last traded at C$0.30. Approximately 335,269 shares were traded during trading, an increase of 692% from the average daily volume of 42,322 shares. The stock had previously closed at C$0.36.

Wilton Resources Stock Up 1.7%

The business’s 50 day simple moving average is C$0.38 and its 200 day simple moving average is C$0.55. The stock has a market cap of C$22.48 million, a price-to-earnings ratio of -10.00 and a beta of 2.95.

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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