Wilton Resources (CVE:WIL) Trading Down 3.1% – Here’s Why

Shares of Wilton Resources Inc. (CVE:WILGet Free Report) dropped 3.1% on Thursday . The stock traded as low as C$0.62 and last traded at C$0.62. Approximately 3,500 shares were traded during trading, a decline of 87% from the average daily volume of 27,586 shares. The stock had previously closed at C$0.64.

Wilton Resources Trading Down 3.1 %

The company has a market capitalization of C$45.45 million, a PE ratio of -20.67 and a beta of 1.94. The firm has a fifty day moving average of C$0.58 and a two-hundred day moving average of C$0.73.

Insider Activity at Wilton Resources

In related news, Senior Officer Lorne Nicholas Saina bought 55,150 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was bought 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 currently owned by company insiders.

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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