Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) shot up 10.3% on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 67,726,523 shares were traded during mid-day trading, an increase of 585% from the average session volume of 9,883,193 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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