Wilton Resources (CVE:WIL) Trading Up 4.6% – Here’s What Happened

Shares of Wilton Resources Inc. (CVE:WILGet Free Report) shot up 4.6% during trading on Thursday . The stock traded as high as C$0.68 and last traded at C$0.68. 5,250 shares changed hands during trading, a decline of 82% from the average session volume of 28,419 shares. The stock had previously closed at C$0.65.

Wilton Resources Trading Up 4.6 %

The company has a market cap of C$49.85 million, a price-to-earnings ratio of -22.67 and a beta of 1.94. The firm’s 50-day moving average price is C$0.57 and its 200 day moving average price is C$0.74.

Insider Transactions at Wilton Resources

In related news, Senior Officer Lorne Nicholas Saina acquired 55,150 shares of Wilton Resources stock in a transaction dated Thursday, August 29th. The stock was bought at an average price of C$0.65 per share, with a total value of C$35,847.50. Insiders own 6.52% of the company’s stock.

Wilton Resources Company Profile

(Get Free Report)

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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