Wishbone Gold (LON:WSBN) Stock Price Down 8.5% – Should You Sell?

by · The Cerbat Gem

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price dropped 8.5% during trading on Wednesday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 134,682,766 shares were traded during trading, an increase of 276% from the average daily volume of 35,780,512 shares. The stock had previously closed at GBX 0.14 ($0.00).

Wishbone Gold Stock Performance

The business has a 50 day simple moving average of GBX 0.15 and a two-hundred day simple moving average of GBX 0.26. The firm has a market capitalization of £713,361.93, a P/E ratio of -0.40 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.

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