Wishbone Gold (LON:WSBN) Stock Price Down 19.1% – Time to Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price fell 19.1% during trading on Friday . The company traded as low as GBX 0.95 and last traded at GBX 1. 250,657,828 shares changed hands 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 Stock Performance

The business has a fifty day simple moving average of GBX 1.29 and a 200 day simple moving average of GBX 0.67. The stock has a market cap of £30.07 million, a price-to-earnings ratio of -22.72 and a beta of 1.30.

About Wishbone Gold

(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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