Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) traded up 17% during mid-day 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 were traded during 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 Trading Up 10.3 %
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 company has a quick ratio of 7.15, a current ratio of 0.94 and a debt-to-equity ratio of 0.57. The stock has a market cap of £596,486.80, 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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