Hillcrest Petroleum (CVE:HRH) Trading Up 10% – Time to Buy?

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report)’s share price rose 10% on Monday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 968,083 shares traded hands 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 firm has a market capitalization of C$46.26 million and a PE ratio of -12.94. The business’s 50 day moving average is C$0.22 and its two-hundred day moving average is C$0.22.

Hillcrest Petroleum Company Profile

(Get Free Report)

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.

Further Reading

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