Wishbone Gold (LON:WSBN) Trading Up 13.9% – Still a Buy?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) traded up 13.9% during trading on Wednesday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 75,818,891 shares were traded during trading, an increase of 627% from the average session volume of 10,422,685 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The company has a market capitalization of £596,486.80, a P/E ratio of -67.50 and a beta of 1.30. 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 business has a 50 day moving average of GBX 0.23 and a 200-day moving average of GBX 0.42.

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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