Wilton Resources Inc. (CVE:WIL – Get Free Report) dropped 4% during mid-day trading on Thursday . The company traded as low as C$0.46 and last traded at C$0.48. Approximately 33,000 shares traded hands during trading, an increase of 12% from the average daily volume of 29,393 shares. The stock had previously closed at C$0.50.
Wilton Resources Price Performance
The company’s 50 day simple moving average is C$0.67 and its 200 day simple moving average is C$0.75. The stock has a market cap of C$36.66 million, a P/E ratio of -16.67 and a beta of 1.99.
Insider Activity
In other Wilton Resources news, Senior Officer Lorne Nicholas Saina bought 55,150 shares of Wilton Resources stock in a transaction on Thursday, August 29th. The shares were purchased at an average cost of C$0.65 per share, for a total transaction of C$35,847.50. 6.52% of the stock is owned by company insiders.
Wilton Resources Company Profile
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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