Wishbone Gold (LON:WSBN) Stock Price Up 10.3% – Here’s Why

Wishbone Gold Plc (LON:WSBN)’s stock price shot up 10.3% during trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 67,726,523 shares were traded during trading, an increase of 547% from the average session volume of 10,466,451 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The company has a market capitalization of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30. The stock’s 50 day moving average price is GBX 0.23 and its 200 day moving average price is 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.

About Wishbone Gold

Wishbone Gold Plc is listed in London on the LSE AIM market and the AQUIS stock exchange.

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.