Wishbone Gold Plc (LON:WSBN – Get Free Report) dropped 4.8% during trading on Thursday . The company traded as low as GBX 1.16 ($0.02) and last traded at GBX 1.20 ($0.02). Approximately 88,565,938 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 112,993,203 shares. The stock had previously closed at GBX 1.26 ($0.02).
Wishbone Gold Stock Up 1.4%
The business has a fifty day moving average of GBX 1.20 and a 200 day moving average of GBX 0.56. The firm has a market cap of £36.48 million, a P/E ratio of -438.91 and a beta of 1.30.
Wishbone Gold Company Profile
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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