Wishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price rose 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 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 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 stock’s fifty day moving average is GBX 0.23 and its two-hundred day moving average is GBX 0.42. The firm has a market capitalization of £632,538.20, 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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