Wishbone Gold (LON:WSBN) Stock Price Up 5.6% – Time to Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price rose 5.6% during mid-day trading on Friday . The company traded as high as GBX 0.70 ($0.01) and last traded at GBX 0.66 ($0.01). Approximately 300,365,594 shares traded hands during mid-day trading, an increase of 232% from the average daily volume of 90,486,227 shares. The stock had previously closed at GBX 0.63 ($0.01).

Wishbone Gold Stock Down 5.0%

The business’s fifty day simple moving average is GBX 0.26 and its two-hundred day simple moving average is GBX 0.21. The company has a market cap of £3.34 million, a price-to-earnings ratio of -1.85 and a beta of 1.30.

Wishbone Gold (LON:WSBNGet Free Report) last posted its quarterly earnings results on Monday, June 30th. The company reported GBX (0.28) ($0.00) earnings per share for the quarter.

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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