Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were up 10.3% during mid-day trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 67,726,523 shares traded hands during mid-day trading, an increase of 585% from the average daily volume of 9,883,193 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Trading Up 10.3 %
The company has a 50 day simple moving average of GBX 0.23 and a two-hundred day simple moving average of GBX 0.42. The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94. The firm has a market cap of £596,486.80, a PE ratio of -67.50 and a beta of 1.30.
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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