Wishbone Gold (LON:WSBN) Sets New 52-Week Low – Should You Sell?

Wishbone Gold Plc (LON:WSBN)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.21 ($0.00), with a volume of 5794184 shares changing hands. The stock had previously closed at GBX 0.22 ($0.00).

Wishbone Gold Price Performance

The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94. The company has a 50-day simple moving average of GBX 0.31 and a two-hundred day simple moving average of GBX 0.61. The stock has a market cap of £678,421.80, a price-to-earnings 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.