Wishbone Gold (LON:WSBN) Stock Price Up 17.7% – Should You Buy?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price traded up 17.7% during mid-day trading on Tuesday . The company traded as high as GBX 59.54 and last traded at GBX 54.50. 2,103,945 shares traded hands during mid-day trading, an increase of 97% from the average session volume of 1,068,532 shares. The stock had previously closed at GBX 46.32.

Wishbone Gold Price Performance

The firm has a market capitalization of £17.68 million, a PE ratio of -13.36 and a beta of 1.30. The company’s fifty day simple moving average is GBX 91.04 and its 200 day simple moving average is GBX 80.36.

Wishbone Gold (LON:WSBNGet Free Report) last posted its earnings results on Tuesday, November 25th. The company reported GBX (28) earnings per share for the quarter.

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.

Further Reading

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