Wishbone Gold (LON:WSBN) Stock Price Down 5.3% – Here’s What Happened

Wishbone Gold Plc (LON:WSBN) shares traded down 5.3% on Thursday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 2,453,350 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 3,365,376 shares. The stock had previously closed at GBX 0.19 ($0.00).

Wishbone Gold Stock Performance

The firm’s 50 day moving average price is GBX 0.25 and its 200-day moving average price is GBX 0.46. The firm has a market cap of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15.

Wishbone Gold Company Profile

Wishbone Gold Plc, together with its subsidiaries, engages in gold production and trading activities in Australia. It explores for gold, silver, copper, lead, and other metals. The company's projects include the Red Setter and Cottesloe projects located in the Patersons Range region of Western Australia; and the White Mountain project located in Queensland.