Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price fell 4.8% during mid-day trading on Wednesday . The company traded as low as GBX 1.16 ($0.02) and last traded at GBX 1.20 ($0.02). 88,565,938 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 112,993,203 shares. The stock had previously closed at GBX 1.26 ($0.02).
Wishbone Gold Stock Performance
The business’s 50 day moving average price is GBX 1.20 and its 200-day moving average price is GBX 0.56. The firm has a market capitalization of £36.27 million, a PE ratio of -436.36 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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