Wishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price shot up 17.5% during mid-day trading on Wednesday . The company traded as high as GBX 0.97 and last traded at GBX 0.94. 64,068,848 shares were traded during trading, a decline of 41% from the average session volume of 107,933,125 shares. The stock had previously closed at GBX 0.80.
Wishbone Gold Price Performance
The stock has a market capitalization of £28.41 million, a PE ratio of -21.46 and a beta of 1.30. The business has a 50 day moving average price of GBX 1.20 and a 200 day moving average price of GBX 0.73.
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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