Wishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price dropped 4.8% on Thursday . The company traded as low as GBX 1.16 ($0.02) and last traded at GBX 1.20 ($0.02). Approximately 88,565,938 shares were traded during trading, a decline of 22% from the average daily volume of 112,993,203 shares. The stock had previously closed at GBX 1.26 ($0.02).
Wishbone Gold Trading Down 14.3%
The firm has a market capitalization of £36.27 million, a P/E ratio of -436.36 and a beta of 1.30. The business’s 50 day simple moving average is GBX 1.23 and its two-hundred day simple moving average is GBX 0.57.
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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