Wishbone Gold (LON:WSBN) Trading Up 24.9% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price was up 24.9% during mid-day trading on Thursday . The company traded as high as GBX 1.23 and last traded at GBX 1.20. Approximately 202,255,375 shares traded hands during trading, an increase of 85% from the average daily volume of 109,138,211 shares. The stock had previously closed at GBX 0.96.

Wishbone Gold Trading Up 28.1%

The stock’s fifty day simple moving average is GBX 1.29 and its 200-day simple moving average is GBX 0.66. The company has a market capitalization of £37.18 million, a price-to-earnings ratio of -28.08 and a beta of 1.30.

Wishbone Gold Company Profile

(Get Free Report)

Wishbone Gold Plc is listed in London on the LSE AIM market and the AQUIS stock exchange.

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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