Wishbone Gold (LON:WSBN) Trading Up 17.8% – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price traded up 17.8% during mid-day trading on Wednesday . The company traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). 414,485,875 shares changed hands during mid-day trading, an increase of 656% from the average session volume of 54,822,543 shares. The stock had previously closed at GBX 0.14 ($0.00).

Wishbone Gold Price Performance

The company has a market capitalization of £883,471.31, a price-to-earnings ratio of -0.49 and a beta of 1.30. The stock has a fifty day simple moving average of GBX 0.15 and a 200-day simple moving average of GBX 0.20.

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.

Further Reading

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