Wishbone Gold (LON:WSBN) Trading Down 8.5% – Here’s Why
by Danessa Lincoln · The Markets DailyWishbone Gold Plc (LON:WSBN – Get Free Report) shares traded down 8.5% during mid-day trading on Wednesday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.13 ($0.00). 134,682,766 shares were traded during trading, an increase of 276% from the average session volume of 35,780,512 shares. The stock had previously closed at GBX 0.14 ($0.00).
Wishbone Gold Price Performance
The stock has a market cap of £713,361.93, a price-to-earnings ratio of -0.40 and a beta of 1.30. The business’s fifty day simple moving average is GBX 0.15 and its 200 day simple moving average is GBX 0.26.
Wishbone Gold Company Profile
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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