Wishbone Gold (LON:WSBN) Trading Up 38.1% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price shot up 38.1% on Friday . The stock traded as high as GBX 1.48 ($0.02) and last traded at GBX 1.45 ($0.02). 599,250,375 shares changed hands during trading, an increase of 449% from the average session volume of 109,188,281 shares. The stock had previously closed at GBX 1.05 ($0.01).

Wishbone Gold Price Performance

The firm has a market capitalization of £7.96 million, a P/E ratio of -4.41 and a beta of 1.30. The firm has a 50-day moving average price of GBX 0.45 and a two-hundred day moving average price of GBX 0.26.

Wishbone Gold (LON:WSBNGet Free Report) last issued its earnings results on Monday, June 30th. The company reported GBX (0.28) EPS for the quarter.

Wishbone Gold Company Profile

(Get Free Report)

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.

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