Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) traded up 32.5% on Saturday . The company traded as high as GBX 0.37 ($0.01) and last traded at GBX 0.31 ($0.00). 370,979,188 shares changed hands during mid-day trading, an increase of 451% from the average session volume of 67,379,922 shares. The stock had previously closed at GBX 0.23 ($0.00).
Wishbone Gold Price Performance
The business’s fifty day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.19. The stock has a market cap of £1.70 million, a price-to-earnings ratio of -0.94 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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