Wishbone Gold (LON:WSBN) Trading 19.6% Higher – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report) shares were up 19.6% during trading on Monday . The stock traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 66,228,250 shares changed hands during mid-day trading, an increase of 131% from the average daily volume of 28,697,543 shares. The stock had previously closed at GBX 0.10 ($0.00).

Wishbone Gold Stock Up 19.6 %

The firm has a market capitalization of £669,462.73, a PE ratio of -0.37 and a beta of 1.30. The stock has a 50-day moving average price of GBX 0.16 and a 200 day moving average price of GBX 0.27.

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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