Wishbone Gold (LON:WSBN) Stock Price Down 19.1% – Here’s Why

by · The Markets Daily

Wishbone Gold Plc (LON:WSBN – Get Free Report) dropped 19.1% on Saturday . The company traded as low as GBX 0.95 and last traded at GBX 1. Approximately 250,657,828 shares traded hands during trading, an increase of 128% from the average daily volume of 109,855,438 shares. The stock had previously closed at GBX 1.23.

Wishbone Gold Stock Down 19.1%

The stock has a market cap of £30.07 million, a P/E ratio of -22.72 and a beta of 1.30. The firm has a 50 day simple moving average of GBX 1.28 and a 200-day simple moving average of GBX 0.68.

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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