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

Wishbone Gold Plc (LON:WSBN)’s stock price fell 19.1% on Friday . The stock traded as low as GBX 0.95 and last traded at GBX 1. 250,657,828 shares traded hands during 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 Trading Down 19.1%

The stock has a market capitalization of £30.07 million, a PE ratio of -22.72 and a beta of 1.30. The stock’s fifty day simple moving average is GBX 1.28 and its 200-day simple moving average is GBX 0.68.

Wishbone Gold Company Profile

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.