Wishbone Gold Plc (LON:WSBN – Get Free Report) shares dropped 9.9% during trading on Wednesday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 129,915,227 shares changed hands during mid-day trading, an increase of 265% from the average daily volume of 35,640,293 shares. The stock had previously closed at GBX 0.14 ($0.00).
Wishbone Gold Stock Performance
The company has a 50-day moving average price of GBX 0.15 and a 200-day moving average price of GBX 0.26. The firm has a market capitalization of £713,361.93, a P/E ratio of -0.40 and a beta of 1.30.
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.
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