Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) shot up 17% during trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 44,486,234 shares traded hands during mid-day trading, an increase of 434% from the average session volume of 8,333,841 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Stock Performance
The business’s 50-day simple moving average is GBX 0.22 and its two-hundred day simple moving average is GBX 0.41. The company has a current ratio of 0.94, a quick ratio of 7.15 and a debt-to-equity ratio of 0.57. The company has a market capitalization 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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