Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were up 15.9% on Wednesday . The company traded as high as GBX 0.27 ($0.00) and last traded at GBX 0.26 ($0.00). Approximately 29,245,855 shares traded hands during trading, a decline of 45% from the average daily volume of 53,052,785 shares. The stock had previously closed at GBX 0.22 ($0.00).
Wishbone Gold Stock Performance
The firm has a fifty day simple moving average of GBX 0.15 and a 200-day simple moving average of GBX 0.23. The firm has a market cap of £1.04 million, a price-to-earnings ratio of -0.58 and a beta of 1.30.
About Wishbone Gold
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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