Wishbone Gold (LON:WSBN) Shares Down 8.5% – Here’s What Happened

Wishbone Gold Plc (LON:WSBNGet Free Report)’s share price dropped 8.5% during mid-day trading on Wednesday . The company traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.13 ($0.00). 134,682,766 shares changed hands during mid-day trading, an increase of 276% from the average session volume of 35,780,512 shares. The stock had previously closed at GBX 0.14 ($0.00).

Wishbone Gold Stock Performance

The stock’s 50-day moving average price is GBX 0.15 and its 200-day moving average price is GBX 0.26. The company has a market capitalization of £713,361.93, a price-to-earnings ratio of -0.40 and a beta of 1.30.

Wishbone Gold Company Profile

(Get Free Report)

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.

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