Wishbone Gold (LON:WSBN) Shares Down 19.1% – Should You Sell?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) traded down 19.1% during mid-day trading on Friday . The stock traded as low as GBX 0.95 and last traded at GBX 1. 250,657,828 shares traded hands during mid-day 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 firm has a 50-day moving average of GBX 1.29 and a 200-day moving average of GBX 0.67. The firm has a market capitalization of £30.07 million, a P/E ratio of -22.72 and a beta of 1.30.

Wishbone Gold Company Profile

(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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