Wishbone Gold (LON:WSBN) Trading Down 4.2% – Should You Sell?

Wishbone Gold Plc (LON:WSBN) was down 4.2% on Thursday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 2,553,350 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 3,382,043 shares. The stock had previously closed at GBX 0.19 ($0.00).

Wishbone Gold Trading Down 1.6 %

The firm has a market cap of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30. The company has a quick ratio of 7.15, a current ratio of 0.94 and a debt-to-equity ratio of 0.57. The business has a 50 day moving average price of GBX 0.25 and a 200-day moving average price of GBX 0.46.

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.