Wishbone Gold (LON:WSBN) Shares Down 4.2% – Here’s Why

by · The Cerbat Gem

Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) traded down 4.2% during mid-day trading on Thursday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 2,553,350 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 3,382,043 shares. The stock had previously closed at GBX 0.19 ($0.00).

Wishbone Gold Trading Down 1.6 %

The company has a 50 day moving average of GBX 0.25 and a 200-day moving average of GBX 0.46. The stock has a market cap of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94.

Wishbone Gold Company Profile

(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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