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

Hillcrest Petroleum Ltd. (CVE:HRHGet Free Report) traded up 10% on Monday . The stock 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 Up 10.0 %

The firm has a 50 day simple moving average of C$0.22 and a two-hundred day simple moving average 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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