Wishbone Gold Plc (LON:WSBN – Get Free Report) rose 9.1% on Wednesday . The stock traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 34,842,637 shares changed hands during mid-day trading, an increase of 353% from the average daily volume of 7,690,935 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Price Performance
The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15. The stock has a market capitalization of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30. The stock has a 50 day moving average price of GBX 0.22 and a 200-day moving average price of GBX 0.41.
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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