Wishbone Gold (LON:WSBN) Stock Price Up 15.5% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report) rose 15.5% during trading on Wednesday . The company 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 Price Performance

The stock has a market capitalization of £26.42 million, a PE ratio of -19.95 and a beta of 1.30. The company’s 50 day moving average price is GBX 1.19 and its two-hundred day moving average price is GBX 0.73.

Wishbone Gold Company Profile

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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.

Further Reading

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