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

Wishbone Gold Plc (LON:WSBN)’s share price was up 10.3% during mid-day trading on Thursday . The stock 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 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 Trading Up 10.3 %

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 firm has a market capitalization of £596,486.80, a P/E ratio of -67.50 and a beta of 1.30. The firm’s 50-day simple moving average is GBX 0.22 and its 200-day simple moving average is GBX 0.41.

Wishbone Gold Company Profile

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.