Wishbone Gold (LON:WSBN) Trading Up 16.1% – Still a Buy?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) were up 16.1% during trading on Wednesday . The stock traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00). Approximately 42,546,070 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 51,294,738 shares. The stock had previously closed at GBX 0.14 ($0.00).

Wishbone Gold Stock Down 5.7%

The company’s 50 day moving average is GBX 0.15 and its 200 day moving average is GBX 0.21. The firm has a market capitalization of £905,420.91, a price-to-earnings ratio of -0.50 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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