Wishbone Gold (LON:WSBN) Stock Price Down 14.3% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price fell 14.3% on Saturday . The stock traded as low as GBX 1.15 ($0.02) and last traded at GBX 1.20 ($0.02). 172,878,875 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 113,605,016 shares. The stock had previously closed at GBX 1.40 ($0.02).

Wishbone Gold Stock Performance

The stock has a market cap of £36.27 million, a price-to-earnings ratio of -436.36 and a beta of 1.30. The company’s 50 day simple moving average is GBX 1.23 and its two-hundred day simple moving average is GBX 0.57.

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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