Wishbone Gold (LON:WSBN) Shares Down 15.4% – Should You Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report) fell 15.4% during mid-day trading on Friday . The stock traded as low as GBX 1.03 and last traded at GBX 1.04. 172,164,094 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 109,409,453 shares. The stock had previously closed at GBX 1.23.

Wishbone Gold Trading Down 19.1%

The company has a market cap of £30.07 million, a PE ratio of -22.72 and a beta of 1.30. The business has a fifty day moving average of GBX 1.29 and a 200-day moving average of GBX 0.67.

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.

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