Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price rose 11.3% during mid-day trading on Wednesday . The company traded as high as GBX 0.90 and last traded at GBX 0.89. Approximately 32,886,438 shares traded hands during trading, a decline of 69% from the average daily volume of 107,763,656 shares. The stock had previously closed at GBX 0.80.
Wishbone Gold Stock Performance
The company has a market capitalization of £26.90 million, a price-to-earnings ratio of -20.32 and a beta of 1.30. The business’s 50-day simple moving average is GBX 1.21 and its 200-day simple moving average 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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