Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price was up 17.6% during trading on Friday . The stock traded as high as GBX 1.52 ($0.02) and last traded at GBX 1.40 ($0.02). Approximately 185,130,094 shares were traded during mid-day trading, an increase of 63% from the average daily volume of 113,273,000 shares. The stock had previously closed at GBX 1.19 ($0.02).
Wishbone Gold Stock Down 14.3%
The company has a fifty day simple moving average of GBX 1.23 and a 200 day simple moving average of GBX 0.57. The firm has a market capitalization of £36.27 million, a P/E ratio of -436.36 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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