Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price was up 17% on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 44,486,234 shares changed hands during trading, an increase of 434% from the average daily volume of 8,333,841 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Stock Performance
The firm has a fifty day moving average of GBX 0.22 and a 200-day moving average of GBX 0.41. The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94. The stock has a market capitalization of £594,848.10, a price-to-earnings ratio of -67.50 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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