Wishbone Gold (LON:WSBN) Shares Up 13.3% – Still a Buy?

Wishbone Gold Plc (LON:WSBN) was up 13.3% on Tuesday . The stock traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 91,599,383 shares traded hands during trading, an increase of 190% from the average daily volume of 31,552,197 shares. The stock had previously closed at GBX 0.13 ($0.00).

Wishbone Gold Stock Up 10.9 %

The company has a fifty day simple moving average of GBX 0.16 and a 200-day simple moving average of GBX 0.27. The firm has a market cap of £779,210.72, a P/E ratio of -0.43 and a beta of 1.30.

Wishbone Gold Company Profile

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.