Hillcrest Petroleum (CVE:HRH) Shares Up 10% – Here’s Why

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report) traded up 10% during trading on Monday . The company traded as high as C$0.22 and last traded at C$0.22. 968,083 shares traded hands during 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 Stock Performance

The company’s fifty day moving average price is C$0.22 and its two-hundred day moving average price is C$0.22. The firm has a market capitalization of C$46.26 million and a PE 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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