Wishbone Gold (LON:WSBN) Stock Price Up 10.3% – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price rose 10.3% on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 49,276,047 shares were traded during mid-day trading, an increase of 469% from the average daily volume of 8,653,162 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

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 stock’s fifty day moving average is GBX 0.22 and its two-hundred day moving average is GBX 0.41. The firm has a market capitalization 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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