Wishbone Gold (LON:WSBN) Trading Up 10.9% – Should You Buy?

Wishbone Gold Plc (LON:WSBN) shot up 10.9% during trading on Tuesday . The company traded as high as GBX 0.16 ($0.00) and last traded at GBX 0.14 ($0.00). 146,795,969 shares changed hands during mid-day trading, an increase of 342% from the average session volume of 33,224,820 shares. The stock had previously closed at GBX 0.13 ($0.00).

Wishbone Gold Stock Up 10.9 %

The firm has a market capitalization of £779,210.72, a PE ratio of -0.43 and a beta of 1.30. The business’s fifty day moving average price is GBX 0.15 and its 200 day moving average price is GBX 0.27.

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.