Wishbone Gold Plc (LON:WSBN – Get Free Report) shot up 17.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.97 and last traded at GBX 0.94. 64,068,848 shares were traded during trading, a decline of 41% from the average session volume of 107,933,125 shares. The stock had previously closed at GBX 0.80.
Wishbone Gold Trading Up 17.5%
The company has a market capitalization of £28.41 million, a price-to-earnings ratio of -21.46 and a beta of 1.30. The firm has a 50-day moving average price of GBX 1.21 and a 200-day moving average price of GBX 0.72.
Wishbone Gold Company Profile
It has three major exploration properties in Australia and three minor prospects. Two of these are located in the Pilbara region of Western Australia and the third is in the Mingela-Charters Towers region in Queensland.
The company’s flagship project is Red Setter located approximately 13km south west of Newcrest’s Telfer operations.
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