Wishbone Gold (LON:WSBN) Trading 21.2% Higher – Here’s Why

Wishbone Gold Plc (LON:WSBN)’s stock price was up 21.2% on Friday . The company traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 216,453,406 shares were traded during trading, an increase of 318% from the average daily volume of 51,826,566 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The stock’s fifty day simple moving average is GBX 0.15 and its two-hundred day simple moving average is GBX 0.24. The company has a market cap of £1.10 million, a price-to-earnings ratio of -0.61 and a beta of 1.30.

Wishbone Gold Company Profile

Wishbone Gold Plc is listed in London on the LSE AIM market and the AQUIS stock exchange.

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.