Wishbone Gold (LON:WSBN) Trading Down 4.2% – Time to Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price dropped 4.2% during mid-day trading on Thursday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 2,553,350 shares traded hands during 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 Stock Performance

The business has a fifty day moving average price of GBX 0.25 and a 200-day moving average price of GBX 0.46. The stock has a market capitalization of £596,486.80, a P/E ratio of -67.50 and a beta of 1.30. The company has a quick ratio of 7.15, a current ratio of 0.94 and a debt-to-equity ratio of 0.57.

Wishbone Gold Company Profile

(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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