Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were up 13.9% on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 75,818,891 shares changed hands during mid-day trading, an increase of 627% from the average daily volume of 10,422,685 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Stock Performance
The firm has a market capitalization of £594,848.10, a P/E ratio of -67.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15. The firm has a 50-day moving average price of GBX 0.22 and a two-hundred day moving average price of GBX 0.41.
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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