Wishbone Gold Plc (LON:WSBN – Get Free Report) shares rose 11.5% on Friday . The company traded as high as GBX 0.17 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 12,242,287 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 48,084,117 shares. The stock had previously closed at GBX 0.15 ($0.00).
Wishbone Gold Stock Performance
The company has a fifty day simple moving average of GBX 0.15 and a 200-day simple moving average of GBX 0.21. The stock has a market cap of £851,000.00, a price-to-earnings ratio of -0.47 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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