Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) rose 10.3% 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 were traded during mid-day trading, an increase of 547% from the average daily volume of 10,466,451 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 0.22 and a 200-day simple moving average of GBX 0.41. The firm has a market capitalization of £594,848.10, a PE ratio of -67.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15.
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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