Wishbone Gold (LON:WSBN) Stock Price Up 17.2% – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report) shares rose 17.2% during trading on Thursday . The stock traded as high as GBX 0.97 ($0.01) and last traded at GBX 0.93 ($0.01). Approximately 552,798,313 shares changed hands during mid-day trading, an increase of 425% from the average daily volume of 105,320,078 shares. The stock had previously closed at GBX 0.79 ($0.01).

Wishbone Gold Stock Performance

The firm has a market capitalization of £5.94 million, a P/E ratio of -3.30 and a beta of 1.30. The firm’s 50-day moving average is GBX 0.41 and its 200 day moving average is GBX 0.24.

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

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.

Further Reading

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