Wishbone Gold (LON:WSBN) Shares Up 9.5% – What’s Next?

Shares of Wishbone Gold Plc (LON:WSBN) rose 9.5% on Thursday . The company traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 70,710,500 shares changed hands during mid-day trading, an increase of 217% from the average daily volume of 22,272,287 shares. The stock had previously closed at GBX 0.11 ($0.00).

Wishbone Gold Price Performance

The stock has a market capitalization of £631,050.94, a PE ratio of -0.35 and a beta of 1.30. The company has a 50 day moving average price of GBX 0.18 and a 200-day moving average price of GBX 0.31.

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.