Wishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 56.60 and traded as low as GBX 26.25. Wishbone Gold shares last traded at GBX 26.25, with a volume of 325,098 shares changing hands.
Wishbone Gold Trading Down 0.6%
The stock has a market capitalization of £9.14 million, a PE ratio of -6.07 and a beta of 1.72. The company’s 50-day moving average is GBX 29.19 and its 200 day moving average is GBX 55.69.
About Wishbone Gold
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. Red Setter is a Havieron style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production.
In Queensland the Wishbone II project has almost doubled recently with the addition of Wishbone VI.
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