TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Wilton Resources ( (TSE:WIL) ) has provided an announcement.
Wilton Resources Inc., a company listed on the TSX Venture Exchange, has announced the granting of 380,000 stock options to certain directors, officers, and consultants. These options, which are exercisable at $0.35 per share for a five-year period, are subject to approval by the TSX Venture Exchange, potentially impacting the company’s governance and stakeholder engagement.
Spark’s Take on TSE:WIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:WIL is a Underperform.
Wilton Resources’ stock score is significantly impacted by poor financial performance, with ongoing losses and negative cash flows. Although technical indicators show some upward stock movement, overbought signals pose risks. Valuation is unattractive due to negative earnings. Overall, the stock is risky with potential for further downside.
To see Spark’s full report on TSE:WIL stock, click here.
More about Wilton Resources
Average Trading Volume: 40,731
Technical Sentiment Signal: Sell
Current Market Cap: C$27.01M
For an in-depth examination of WIL stock, go to TipRanks’ Overview page.