Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price dropped 14.3% during mid-day trading on Friday . The stock traded as low as GBX 1.15 ($0.02) and last traded at GBX 1.20 ($0.02). Approximately 202,278,844 shares were traded during trading, an increase of 78% from the average daily volume of 113,787,617 shares. The stock had previously closed at GBX 1.40 ($0.02).
Wishbone Gold Trading Down 14.3%
The firm has a 50-day moving average price of GBX 1.23 and a 200-day moving average price of GBX 0.57. The stock has a market capitalization of £36.27 million, a PE ratio of -436.36 and a beta of 1.30.
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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