Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were up 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 changed hands during mid-day 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 Price Performance
The firm’s fifty day moving average price is GBX 0.18 and its 200-day moving average price is GBX 0.31. The company has a market cap of £631,050.94, a price-to-earnings 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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