Wishbone Gold (LON:WSBN) Shares Down 8.5% – What’s Next?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) dropped 8.5% during mid-day trading on Monday . The stock traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.37 ($0.00). Approximately 32,004,449 shares traded hands during trading, an increase of 980% from the average daily volume of 2,964,349 shares. The stock had previously closed at GBX 0.40 ($0.01).

Wishbone Gold Price Performance

The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15. The firm has a market cap of £1.19 million, a price-to-earnings ratio of -67.50 and a beta of 1.30. The stock has a 50-day moving average price of GBX 0.46 and a 200 day moving average price of GBX 0.82.

About Wishbone Gold

(Get Free Report)

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.

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