Wishbone Gold Plc (LON:WSBN – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as GBX 10 and last traded at GBX 11.28, with a volume of 1,109,870 shares trading hands. The stock had previously closed at GBX 10.40.
Wishbone Gold Stock Performance
The stock has a fifty day moving average of GBX 19.93 and a 200 day moving average of GBX 23.98. The company has a market capitalization of £4.28 million, a PE ratio of -282.10 and a beta of 1.58.
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. 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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