Wishbone Gold (LON:WSBN) Trading 9.1% Higher – What’s Next?

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

Wishbone Gold Trading Up 9.1 %

The stock’s fifty day simple moving average is GBX 0.23 and its two-hundred day simple moving average is GBX 0.42. The firm has a market cap of £589,932.00, a PE 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.

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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