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

Wishbone Gold Plc (LON:WSBNGet Free Report) shares traded up 17% during trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 44,486,234 shares traded hands 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 Stock Performance

The stock’s 50 day moving average is GBX 0.22 and its 200 day moving average is GBX 0.41. The company has a current ratio of 0.94, a quick ratio of 7.15 and a debt-to-equity ratio of 0.57. The firm has a market cap of £594,848.10, a price-to-earnings 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.

See Also

Receive News & Ratings for Wishbone Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wishbone Gold and related companies with MarketBeat.com's FREE daily email newsletter.