Wishbone Gold (LON:WSBN) Shares Down 4.2% – What’s Next?

Wishbone Gold Plc (LON:WSBN) shares were down 4.2% during mid-day trading 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 changed hands during 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 Stock Down 1.6 %

The company has a current ratio of 0.94, a quick ratio of 7.15 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. The stock has a market capitalization of £596,486.80, a P/E ratio of -67.50 and a beta of 1.30.

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.