Wishbone Gold (LON:WSBN) Trading 10.3% Higher – Time to Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report) was up 10.3% during trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 49,276,047 shares traded hands during mid-day trading, an increase of 469% from the average daily volume of 8,653,162 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Up 10.3 %

The firm has a market cap of £596,486.80, a PE ratio of -67.50 and a beta of 1.30. The company has a current ratio of 0.94, a quick ratio of 7.15 and a debt-to-equity ratio of 0.57. The stock has a fifty day simple moving average of GBX 0.23 and a two-hundred day simple moving average of GBX 0.42.

Wishbone Gold Company Profile

(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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