Wishbone Gold (LON:WSBN) Shares Up 2.6% – Should You Buy?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) were up 2.6% on Wednesday . The company traded as high as GBX 0.85 and last traded at GBX 0.82. Approximately 21,116,828 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 107,699,688 shares. The stock had previously closed at GBX 0.80.

Wishbone Gold Stock Performance

The stock has a 50 day moving average of GBX 1.21 and a two-hundred day moving average of GBX 0.72. The firm has a market capitalization of £24.82 million, a P/E ratio of -18.74 and a beta of 1.30.

Wishbone Gold Company Profile

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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.

Further Reading

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