Wishbone Gold Plc (LON:WSBN – Get Free Report) shares fell 19.1% during mid-day trading on Friday . The stock traded as low as GBX 0.95 and last traded at GBX 1. 250,657,828 shares were traded during trading, an increase of 128% from the average session volume of 109,855,438 shares. The stock had previously closed at GBX 1.23.
Wishbone Gold Price Performance
The stock’s fifty day moving average price is GBX 1.28 and its 200-day moving average price is GBX 0.68. The firm has a market cap of £30.07 million, a PE ratio of -22.72 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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