Wishbone Gold (LON:WSBN) Trading 9.5% Higher – Time to Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price rose 9.5% on Thursday . The stock traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 70,710,500 shares traded hands during mid-day trading, an increase of 217% from the average daily volume of 22,272,287 shares. The stock had previously closed at GBX 0.11 ($0.00).

Wishbone Gold Price Performance

The company has a market capitalization of £631,050.94, a price-to-earnings ratio of -0.35 and a beta of 1.30. The firm has a fifty day simple moving average of GBX 0.18 and a 200 day simple moving average of GBX 0.31.

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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