Wishbone Gold (LON:WSBN) Trading 8.5% Higher – Should You Buy?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) shot up 8.5% during mid-day trading on Friday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 53,535,223 shares traded hands during trading, an increase of 11% from the average session volume of 48,123,879 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Trading Up 21.2 %

The stock has a market cap of £1.10 million, a PE ratio of -0.61 and a beta of 1.30. The business has a 50-day moving average price of GBX 0.15 and a 200-day moving average price of GBX 0.24.

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.

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