Wishbone Gold Plc (LON:WSBN – Get Free Report) was up 13.9% during trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 75,818,891 shares changed hands during mid-day trading, an increase of 627% from the average daily volume of 10,422,685 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 company has a market cap of £594,848.10, a P/E ratio of -67.50 and a beta of 1.30. The business 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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