Wishbone Gold (LON:WSBN) Trading Down 18.6% – Time to Sell?

by · The Markets Daily

Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price dropped 18.6% during trading on Friday . The stock traded as low as GBX 0.95 and last traded at GBX 1. Approximately 196,431,313 shares were traded during trading, an increase of 79% from the average daily volume of 109,547,336 shares. The stock had previously closed at GBX 1.23.

Wishbone Gold Trading Down 19.1%

The company has a market cap of £30.07 million, a price-to-earnings ratio of -22.72 and a beta of 1.30. The stock has a 50 day moving average price of GBX 1.29 and a two-hundred day moving average price of GBX 0.67.

About Wishbone Gold

(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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