Wishbone Gold (LON:WSBN) Shares Up 21.2% – Time to Buy?

Shares of Wishbone Gold Plc (LON:WSBN) were up 21.2% during trading on Saturday . The stock traded as high as GBX 0.21 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 216,453,406 shares traded hands during trading, an increase of 318% from the average daily volume of 51,826,566 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Up 21.2 %

The stock has a 50 day moving average price of GBX 0.15 and a two-hundred day moving average price of GBX 0.23. The company has a market cap of £1.10 million, a P/E ratio of -0.61 and a beta of 1.30.

Wishbone Gold Company Profile

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.