Wishbone Gold (LON:WSBN) Trading 17% Higher – Here’s Why

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price shot up 17% during mid-day trading on Wednesday . The stock 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 Stock Performance

The firm has a market capitalization of £596,486.80, a PE ratio of -67.50 and a beta of 1.30. 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 company has a 50-day moving average of GBX 0.22 and a 200 day moving average of GBX 0.41.

About Wishbone Gold

(Get Free Report)

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.

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