Wishbone Gold (LON:WSBN) Trading 27.3% Higher – Here’s What Happened

Wishbone Gold Plc (LON:WSBN) shares rose 27.3% on Friday . The company traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.21 ($0.00). Approximately 179,284,813 shares traded hands during mid-day trading, an increase of 252% from the average daily volume of 50,981,824 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Up 21.2 %

The firm has a market capitalization of £1.10 million, a P/E ratio of -0.61 and a beta of 1.30. The firm’s 50-day simple moving average is GBX 0.15 and its 200-day simple moving average is GBX 0.24.

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.