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

Wishbone Gold Plc (LON:WSBN)’s stock price was down 4.2% during 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 were traded during mid-day 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 Price Performance

The business’s 50-day simple moving average is GBX 0.25 and its two-hundred day simple moving average is GBX 0.46. The stock has a market cap of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15.

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.