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) dropped 4.2% on Thursday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 2,553,350 shares changed hands during trading, a decline of 25% from the average daily volume of 3,382,043 shares. The stock had previously closed at GBX 0.19 ($0.00).

Wishbone Gold Price Performance

The stock has a market cap of £596,486.80, a P/E 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. The firm has a 50-day moving average price of GBX 0.25 and a 200-day moving average price of GBX 0.46.

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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