Wishbone Gold (LON:WSBN) Trading Down 19.1% – Time to Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report) shares dropped 19.1% during trading on Saturday . The company traded as low as GBX 0.95 and last traded at GBX 1. Approximately 250,657,828 shares were traded during trading, an increase of 128% from the average daily volume of 109,855,438 shares. The stock had previously closed at GBX 1.23.

Wishbone Gold Price Performance

The business’s 50 day simple moving average is GBX 1.28 and its 200 day simple moving average is GBX 0.68. The stock has a market cap of £30.07 million, a P/E ratio of -22.72 and a beta of 1.30.

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.

Recommended Stories

Receive News & Ratings for Wishbone Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wishbone Gold and related companies with MarketBeat.com's FREE daily email newsletter.