Wishbone Gold Plc (LON:WSBN – Get Free Report) dropped 19.1% during mid-day trading on Friday . The company traded as low as GBX 0.95 and last traded at GBX 1. Approximately 250,657,828 shares traded hands during 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 Price Performance
The firm has a market cap of £30.07 million, a P/E ratio of -22.72 and a beta of 1.30. The firm’s 50 day moving average is GBX 1.28 and its 200 day moving average is GBX 0.68.
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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