Wishbone Gold (LON:WSBN) Trading 10.3% Higher – Still a Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report) shares traded up 10.3% during trading on Thursday . The company 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 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 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 cap of £594,848.10, a price-to-earnings ratio of -67.50 and a beta of 1.30. The business has a 50 day moving average of GBX 0.22 and a 200 day moving average of GBX 0.41.

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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