Wishbone Gold (LON:WSBN) Trading Up 38.1% – Should You Buy?

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

Wishbone Gold Stock Performance

The company has a 50 day simple moving average of GBX 0.45 and a 200 day simple moving average of GBX 0.26. The company has a market capitalization of £7.96 million, a PE ratio of -4.41 and a beta of 1.30.

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