Wishbone Gold (LON:WSBN) Stock Price Down 5.3% – What’s Next?

Shares of Wishbone Gold Plc (LON:WSBN) dropped 5.3% during mid-day trading on Thursday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 1,953,350 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 3,282,043 shares. The stock had previously closed at GBX 0.19 ($0.00).

Wishbone Gold Stock Down 5.3 %

The company has a market cap of £589,932.00, a PE ratio of -67.50 and a beta of 1.30. The firm has a 50-day simple moving average of GBX 0.25 and a two-hundred day simple moving average of GBX 0.46. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15.

Wishbone Gold Company Profile

Wishbone Gold Plc, together with its subsidiaries, engages in gold production and trading activities in Australia. It explores for gold, silver, copper, lead, and other metals. The company's projects include the Red Setter and Cottesloe projects located in the Patersons Range region of Western Australia; and the White Mountain project located in Queensland.