Wishbone Gold (LON:WSBN) Stock Price Up 17% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report) was up 17% during trading 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 traded hands during mid-day 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 Up 17.0 %

The company has a current ratio of 0.94, a quick ratio of 7.15 and a debt-to-equity ratio of 0.57. The company has a 50 day simple moving average of GBX 0.23 and a two-hundred day simple moving average of GBX 0.42. The firm has a market capitalization of £632,538.20, a P/E ratio of -67.50 and a beta of 1.30.

Wishbone Gold Company Profile

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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.

Further Reading

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