Wishbone Gold (LON:WSBN) Trading 10% Higher – Should You Buy?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) traded up 10% on Friday . The company traded as high as GBX 0.53 ($0.01) and last traded at GBX 0.50 ($0.01). 78,338,008 shares changed hands during trading, a decline of 17% from the average session volume of 93,994,414 shares. The stock had previously closed at GBX 0.45 ($0.01).

Wishbone Gold Stock Performance

The business has a 50-day moving average of GBX 0.32 and a two-hundred day moving average of GBX 0.22. The firm has a market cap of £2.58 million, a P/E ratio of -1.43 and a beta of 1.30.

Wishbone Gold (LON:WSBNGet Free Report) last posted its quarterly earnings results on Monday, June 30th. The company reported GBX (0.28) ($0.00) earnings per share 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.

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