Wishbone Gold (LON:WSBN) Shares Up 20.4% – Here’s What Happened

Wishbone Gold Plc (LON:WSBN)’s stock price rose 20.4% during mid-day trading on Tuesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 163,791,750 shares were traded during mid-day trading, an increase of 272% from the average daily volume of 44,063,828 shares. The stock had previously closed at GBX 0.14 ($0.00).

Wishbone Gold Stock Performance

The firm has a fifty day simple moving average of GBX 0.15 and a 200 day simple moving average of GBX 0.25. The company has a market cap of £938,345.31, a PE ratio of -0.52 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.