Shares of Hillcrest Petroleum Ltd (CVE:HRH) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 100000 shares. The stock had previously closed at C$0.03.
The firm has a market capitalization of $2.62 million and a price-to-earnings ratio of -1.25. The business has a fifty day moving average of C$0.03.
About Hillcrest Petroleum (CVE:HRH)
Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in Canada. It holds an agreement to acquire a 75% working interest in the Western Canada Sedimentary Basin located in the provinces of Alberta and Saskatchewan. The company was formerly known as Hillcrest Resources Ltd.
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