Hillcrest Petroleum Ltd. (CVE:HRH – Get Free Report)’s stock price shot up 10% during mid-day trading on Tuesday. The stock traded as high as C$0.22 and last traded at C$0.22. 968,083 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 3,372,558 shares. The stock had previously closed at C$0.20.
Hillcrest Petroleum Price Performance
The stock has a market cap of C$46.26 million and a P/E ratio of -12.94. The business’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.22.
Hillcrest Petroleum Company Profile
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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