Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were up 2.6% on Wednesday . The company traded as high as GBX 0.85 and last traded at GBX 0.82. Approximately 21,116,828 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 107,699,688 shares. The stock had previously closed at GBX 0.80.
Wishbone Gold Stock Performance
The stock has a 50 day moving average of GBX 1.21 and a two-hundred day moving average of GBX 0.72. The firm has a market capitalization of £24.82 million, a P/E ratio of -18.74 and a beta of 1.30.
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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