Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were up 17.5% during trading on Wednesday . The company traded as high as GBX 0.97 and last traded at GBX 0.94. Approximately 64,068,848 shares changed 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 P/E ratio of -19.95 and a beta of 1.30. The company has a fifty day simple moving average of GBX 1.18 and a two-hundred day simple moving average of GBX 0.73.
Wishbone Gold Company Profile
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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