Wishbone Gold (LON:WSBN) Shares Up 38.1% – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price rose 38.1% during mid-day trading on Friday . The stock traded as high as GBX 1.48 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 599,250,375 shares traded hands during trading, an increase of 449% from the average daily volume of 109,188,281 shares. The stock had previously closed at GBX 1.05 ($0.01).

Wishbone Gold Stock Performance

The firm has a market cap of £7.96 million, a PE ratio of -4.41 and a beta of 1.30. The business’s 50-day simple moving average is GBX 0.45 and its 200 day simple moving average is GBX 0.26.

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

Further Reading

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