Hillcrest Petroleum (CVE:HRH) Trading 10% Higher – What’s Next?

Shares of Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report) were up 10% during trading on Tuesday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 968,083 shares were traded during 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 stock has a 50 day moving average price of C$0.22 and a 200-day moving average price of C$0.22. The stock has a market capitalization of C$46.26 million and a P/E ratio of -12.94.

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.

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