Wishbone Gold (LON:WSBN) Stock Price Down 19.1% – What’s Next?

Wishbone Gold Plc (LON:WSBN)’s stock price was down 19.1% on Friday . The stock traded as low as GBX 0.95 and last traded at GBX 1. Approximately 250,657,828 shares changed hands during mid-day trading, an increase of 128% from the average daily volume of 109,855,438 shares. The stock had previously closed at GBX 1.23.

Wishbone Gold Stock Down 19.1%

The stock has a market cap of £30.07 million, a price-to-earnings ratio of -22.72 and a beta of 1.30. The company’s fifty day moving average is GBX 1.29 and its two-hundred day moving average is GBX 0.67.

Wishbone Gold Company Profile

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.