Wishbone Gold (LON:WSBN) Shares Up 17% – Should You Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report) traded up 17% during mid-day trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.19 ($0.00). 44,486,234 shares were traded during trading, an increase of 434% from the average session volume of 8,333,841 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The company has a market cap of £594,848.10, a P/E ratio of -67.50 and a beta of 1.30. The business’s 50-day moving average price is GBX 0.22 and its 200 day moving average price is GBX 0.41. The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94.

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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