Wishbone Gold (LON:WSBN) Trading Up 10.3% – Should You Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price was up 10.3% on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 49,276,047 shares traded hands during trading, an increase of 469% from the average daily volume of 8,653,162 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The business has a fifty day moving average of GBX 0.22 and a 200-day moving average of GBX 0.41. The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94. The company has a market capitalization of £594,848.10, a P/E ratio of -67.50 and a beta of 1.30.

About Wishbone Gold

(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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