Wishbone Gold Plc (LON:WSBN – Get Free Report) shot up 18.8% on Wednesday . The company traded as high as GBX 0.97 and last traded at GBX 0.95. 49,129,145 shares traded hands during trading, a decline of 54% from the average session volume of 107,851,930 shares. The stock had previously closed at GBX 0.80.
Wishbone Gold Stock Performance
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 business’s 50 day moving average price is GBX 1.21 and its two-hundred day moving average price is 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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