Wishbone Gold (LON:WSBN) Trading 26.5% Higher – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report) shot up 26.5% during mid-day trading on Saturday . The stock traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.14 ($0.00). 203,084,531 shares changed hands during mid-day trading, an increase of 399% from the average session volume of 40,658,133 shares. The stock had previously closed at GBX 0.11 ($0.00).

Wishbone Gold Trading Up 26.5 %

The company has a market cap of £784,698.12, a P/E ratio of -0.44 and a beta of 1.30. The firm’s 50 day moving average price is GBX 0.15 and its 200-day moving average price is GBX 0.25.

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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