Wishbone Gold (LON:WSBN) Stock Price Up 17.1% – Time to Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price rose 17.1% during trading on Friday . The company traded as high as GBX 1.49 ($0.02) and last traded at GBX 1.48 ($0.02). Approximately 97,227,922 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 116,016,938 shares. The stock had previously closed at GBX 1.26 ($0.02).

Wishbone Gold Price Performance

The stock has a 50-day simple moving average of GBX 0.80 and a 200 day simple moving average of GBX 0.38. The company has a market cap of £39.09 million, a PE ratio of -520.00 and a beta of 1.30.

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