Wishbone Gold (LON:WSBN) Stock Price Up 10.4% – What’s Next?

Wishbone Gold Plc (LON:WSBN) rose 10.4% during trading on Tuesday . The stock traded as high as GBX 74 and last traded at GBX 74. Approximately 277,299 shares changed hands during trading, a decline of 79% from the average daily volume of 1,314,938 shares. The stock had previously closed at GBX 67.

Wishbone Gold Stock Up 10.4%

The firm has a 50-day moving average of GBX 73.42 and a two-hundred day moving average of GBX 90.24. The stock has a market capitalization of £22.37 million, a price-to-earnings ratio of -16.90 and a beta of 1.30.

Wishbone Gold (LON:WSBN) last released its quarterly earnings results on Tuesday, November 25th. The company reported GBX (28) earnings per share (EPS) for the quarter.

About Wishbone Gold

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. Red Setter is a Havieron style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production.

In Queensland the Wishbone II project has almost doubled recently with the addition of Wishbone VI.