Wishbone Gold (LON:WSBN) Trading 10.9% Higher – Should You Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report) shot up 10.9% during mid-day trading on Wednesday . The stock traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.14 ($0.00). 146,795,969 shares traded hands during trading, an increase of 342% from the average session volume of 33,224,820 shares. The stock had previously closed at GBX 0.13 ($0.00).

Wishbone Gold Stock Down 5.6 %

The company’s fifty day simple moving average is GBX 0.15 and its 200 day simple moving average is GBX 0.27. The firm has a market capitalization of £735,311.53, a PE ratio of -0.41 and a beta of 1.30.

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.

Further Reading

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