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

Wishbone Gold Plc (LON:WSBN)’s stock price was down 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 changed hands 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 Stock Performance

The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15. 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 50 day simple moving average of GBX 0.25 and a 200-day simple moving average of GBX 0.46.

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.