Wishbone Gold (LON:WSBN) Shares Up 17.5% – Here’s Why

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price was 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. Approximately 64,068,848 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 107,933,125 shares. The stock had previously closed at GBX 0.80.

Wishbone Gold Trading Down 6.5%

The stock has a market capitalization of £26.42 million, a PE ratio of -19.95 and a beta of 1.30. The firm has a 50-day moving average price of GBX 1.18 and a 200-day moving average price of GBX 0.73.

About Wishbone Gold

(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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