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

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price traded 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 traded hands 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 Price Performance

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 business’s 50-day moving average price is GBX 0.22 and its two-hundred day moving average price is GBX 0.41. 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.

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