Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price shot up 13.9% during mid-day trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 75,818,891 shares traded hands during trading, an increase of 627% from the average session volume of 10,422,685 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Price Performance
The company has a quick ratio of 7.15, a current ratio of 0.94 and a debt-to-equity ratio of 0.57. The firm’s fifty day moving average price is GBX 0.22 and its 200 day moving average price is GBX 0.41. The stock has a market cap of £594,848.10, a PE 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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