Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) rose 18.8% on Wednesday . The stock traded as high as GBX 0.97 and last traded at GBX 0.95. Approximately 49,129,145 shares were traded during trading, a decline of 54% from the average daily volume of 107,851,930 shares. The stock had previously closed at GBX 0.80.
Wishbone Gold Stock Up 17.5%
The firm has a market capitalization of £28.41 million, a price-to-earnings ratio of -21.46 and a beta of 1.30. The stock has a 50 day moving average of GBX 1.21 and a 200 day moving average 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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