Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price rose 9.5% during mid-day trading on Thursday . The company traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 70,710,500 shares were traded during trading, an increase of 217% from the average daily volume of 22,272,287 shares. The stock had previously closed at GBX 0.11 ($0.00).
Wishbone Gold Stock Performance
The firm’s 50-day simple moving average is GBX 0.18 and its 200 day simple moving average is GBX 0.31. The stock has a market cap of £631,050.94, a P/E ratio of -0.35 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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