Wishbone Gold (LON:WSBN) Trading Up 32.5% – Here’s What Happened

Wishbone Gold Plc (LON:WSBN)’s share price shot up 32.5% on Saturday . The company traded as high as GBX 0.37 ($0.01) and last traded at GBX 0.31 ($0.00). 370,979,188 shares were traded during mid-day trading, an increase of 451% from the average session volume of 67,379,922 shares. The stock had previously closed at GBX 0.23 ($0.00).

Wishbone Gold Stock Performance

The stock has a market capitalization of £1.70 million, a PE ratio of -0.94 and a beta of 1.30. The stock’s 50 day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.19.

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.