Wishbone Gold (LON:WSBN) Stock Price Up 14.1% – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price traded up 14.1% during trading on Thursday . The company traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.19 ($0.00). 205,082,438 shares changed hands during trading, an increase of 227% from the average session volume of 62,702,773 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Price Performance

The business has a 50 day simple moving average of GBX 0.16 and a 200 day simple moving average of GBX 0.19. The company has a market capitalization of £1.21 million, a price-to-earnings ratio of -0.67 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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