Wilton Resources (CVE:WIL) Trading Down 18.1% – Time to Sell?

Wilton Resources Inc. (CVE:WILGet Free Report)’s stock price dropped 18.1% during mid-day trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.30. Approximately 379,769 shares were traded during trading, an increase of 789% from the average daily volume of 42,702 shares. The stock had previously closed at C$0.36.

Wilton Resources Stock Down 18.1%

The company’s fifty day moving average price is C$0.39 and its 200 day moving average price is C$0.55. The company has a market capitalization of C$22.10 million, a P/E ratio of -9.83 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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