Wishbone Gold (LON:WSBN) Shares Up 10.3% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report) shares rose 10.3% during trading on Thursday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 67,726,523 shares changed hands during trading, an increase of 585% from the average daily volume of 9,883,193 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Price Performance

The company has a market capitalization of £594,848.10, a price-to-earnings ratio of -67.50 and a beta of 1.30. 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 has a fifty day moving average price of GBX 0.22 and a 200 day moving average price of GBX 0.41.

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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