Wishbone Gold (LON:WSBN) Trading Up 3.5% – Should You Buy?

Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price was up 3.5% on Thursday . The company traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 3,187,183 shares traded hands during mid-day trading, an increase of 49% from the average daily volume of 2,141,677 shares. The stock had previously closed at GBX 0.29 ($0.00).

Wishbone Gold Stock Performance

The business’s fifty day moving average price is GBX 0.50 and its two-hundred day moving average price is GBX 0.86. The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94. The stock has a market capitalization of £1.07 million, a P/E ratio of -67.50 and a beta of 1.30.

About Wishbone Gold

(Get Free Report)

Wishbone Gold Plc, together with its subsidiaries, engages in gold production and trading activities in Australia. It explores for gold, silver, copper, lead, and other metals. The company's projects include the Red Setter and Cottesloe projects located in the Patersons Range region of Western Australia; and the White Mountain project located in Queensland.

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