Wishbone Gold Plc (LON:WSBN – Get Free Report) was up 15.5% during mid-day trading on Wednesday . The stock traded as high as GBX 0.97 and last traded at GBX 0.92. Approximately 57,493,723 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 107,897,391 shares. The stock had previously closed at GBX 0.80.
Wishbone Gold Trading Up 17.5%
The stock has a market cap of £28.41 million, a price-to-earnings ratio of -21.46 and a beta of 1.30. The firm’s 50-day moving average is GBX 1.21 and its two-hundred day moving average is GBX 0.72.
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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