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

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report) shares traded up 10% during mid-day trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 968,083 shares were traded during mid-day trading, a decline of 71% from the average session volume of 3,372,558 shares. The stock had previously closed at C$0.20.

Hillcrest Petroleum Trading Up 10.0 %

The firm has a market capitalization of C$46.26 million and a P/E ratio of -12.94. The business’s fifty day moving average is C$0.22 and its 200 day moving average is C$0.22.

About Hillcrest Petroleum

(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.

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