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 changed hands during 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 Price Performance
The business’s fifty day simple moving average is GBX 0.22 and its 200-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 firm has a market cap of £594,848.10, a P/E 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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