Wishbone Gold (LON:WSBN) Trading 13.9% Higher – Here’s Why

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price rose 13.9% during mid-day trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 75,818,891 shares changed hands during trading, an increase of 627% from the average daily volume of 10,422,685 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The stock has a market capitalization of £596,486.80, a P/E 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 business has a fifty day moving average price of GBX 0.23 and a 200-day moving average price of GBX 0.42.

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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