Wishbone Gold (LON:WSBN) Trading Up 11.3% – What’s Next?

Wishbone Gold Plc (LON:WSBN) traded up 11.3% on Wednesday . The company traded as high as GBX 0.90 and last traded at GBX 0.89. 32,886,438 shares were traded during mid-day trading, a decline of 69% from the average session volume of 107,763,656 shares. The stock had previously closed at GBX 0.80.

Wishbone Gold Stock Up 11.3%

The stock’s 50-day moving average price is GBX 1.21 and its 200-day moving average price is GBX 0.72. The company has a market capitalization of £26.90 million, a price-to-earnings ratio of -20.32 and a beta of 1.30.

Wishbone Gold Company Profile

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.