Wishbone Gold (LON:WSBN) Trading Down 19.1% – What’s Next?
by Jessica Moore · The Cerbat GemWishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price fell 19.1% during trading on Friday . The stock traded as low as GBX 0.95 and last traded at GBX 1. 250,657,828 shares were traded during mid-day trading, an increase of 128% from the average session volume of 109,855,438 shares. The stock had previously closed at GBX 1.23.
Wishbone Gold Price Performance
The business’s 50-day simple moving average is GBX 1.29 and its two-hundred day simple moving average is GBX 0.67. The stock has a market cap of £30.07 million, a price-to-earnings ratio of -22.72 and a beta of 1.30.
About Wishbone Gold
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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