Wishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price shot up 13.9% during mid-day trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 75,818,891 shares changed hands during mid-day trading, an increase of 627% from the average session volume of 10,422,685 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Price Performance
The firm has a 50-day simple moving average of GBX 0.23 and a 200-day simple moving average of GBX 0.42. 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 firm has a market cap of £596,486.80, a P/E 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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