Wishbone Gold Plc (LON:WSBN – Get Free Report) rose 9.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.19 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 40,757,145 shares changed hands during mid-day trading, an increase of 404% from the average daily volume of 8,085,235 shares. The stock had previously closed at GBX 0.17 ($0.00).
Wishbone Gold Stock Performance
The business has a 50-day moving average price of GBX 0.22 and a 200-day moving average price 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 firm has a market capitalization of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30.
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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