Wishbone Gold (LON:WSBN) Stock Price Down 17.4% – Here’s Why

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price was down 17.4% during mid-day trading on Saturday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 89,135,086 shares were traded during mid-day trading, an increase of 59% from the average daily volume of 56,147,313 shares. The stock had previously closed at GBX 0.23 ($0.00).

Wishbone Gold Price Performance

The company’s fifty day simple moving average is GBX 0.15 and its 200-day simple moving average is GBX 0.23. The firm has a market capitalization of £1.04 million, a PE ratio of -0.58 and a beta of 1.30.

Wishbone Gold Company Profile

(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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