Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were up 17% on Wednesday . The stock 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 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 Price 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’s fifty day moving average price is GBX 0.22 and its 200-day moving average price is GBX 0.41.
Wishbone Gold Company Profile
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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