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

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

Wishbone Gold Trading Up 4.0 %

The stock has a fifty day moving average price of GBX 0.15 and a 200-day moving average price of GBX 0.26. The firm has a market capitalization of £713,361.93, a price-to-earnings ratio of -0.40 and a beta of 1.30.

About Wishbone Gold

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.