Wishbone Gold (LON:WSBN) Trading Up 17% – Here’s What Happened

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price shot up 17% during 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 mid-day 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 Trading Up 17.0 %

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 firm has a fifty day simple moving average of GBX 0.23 and a two-hundred day simple moving average of GBX 0.42. The firm has a market capitalization of £632,538.20, a P/E ratio of -67.50 and a beta of 1.30.

Wishbone Gold Company Profile

(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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