Wishbone Gold (LON:WSBN) Shares Up 9.1% – Here’s Why

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price shot up 9.1% on Wednesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 34,842,637 shares changed hands during trading, an increase of 353% from the average session volume of 7,690,935 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Trading Up 9.1 %

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 stock has a market capitalization of £589,932.00, a P/E ratio of -67.50 and a beta of 1.30. The firm’s 50 day moving average price is GBX 0.23 and its 200 day moving average price is GBX 0.42.

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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