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

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price traded up 10.3% during mid-day trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). 67,726,523 shares changed hands during mid-day trading, an increase of 585% from the average session volume of 9,883,193 shares. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The firm’s 50-day simple moving average is GBX 0.22 and its 200-day simple moving average is GBX 0.41. The company has a quick ratio of 7.15, a current ratio of 0.94 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of £594,848.10, a PE ratio of -67.50 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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