Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) dropped 14.3% on Saturday . The stock traded as low as GBX 1.15 ($0.02) and last traded at GBX 1.20 ($0.02). Approximately 172,878,875 shares changed hands during trading, an increase of 52% from the average daily volume of 113,605,016 shares. The stock had previously closed at GBX 1.40 ($0.02).
Wishbone Gold Stock Down 14.3%
The firm has a 50-day moving average of GBX 1.23 and a two-hundred day moving average of GBX 0.57. The company has a market capitalization of £36.27 million, a PE ratio of -436.36 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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