Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) were down 17.4% on Saturday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 89,135,086 shares changed hands during mid-day trading, an increase of 59% from the average daily volume of 56,147,313 shares. The stock had previously closed at GBX 0.23 ($0.00).
Wishbone Gold Stock Performance
The business has a 50 day moving average price of GBX 0.15 and a 200-day moving average price of GBX 0.23. The company has a market capitalization of £1.04 million, a price-to-earnings ratio of -0.58 and a beta of 1.30.
Wishbone Gold Company Profile
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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