Wishbone Gold Plc (LON:WSBN – Get Free Report) shares shot up 28.1% on Thursday . The company traded as high as GBX 1.23 and last traded at GBX 1.23. 197,957,734 shares changed hands during trading, an increase of 81% from the average session volume of 109,113,648 shares. The stock had previously closed at GBX 0.96.
Wishbone Gold Trading Up 28.1%
The company has a market capitalization of £37.18 million, a price-to-earnings ratio of -28.08 and a beta of 1.30. The firm’s fifty day simple moving average is GBX 1.29 and its two-hundred day simple moving average is GBX 0.66.
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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