Wishbone Gold (LON:WSBN) Stock Price Down 8.5% – Time to Sell?

by · The Markets Daily

Wishbone Gold Plc (LON:WSBN – Get Free Report) shares traded down 8.5% on Monday . The stock traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.37 ($0.00). 32,004,449 shares traded hands during trading, an increase of 980% from the average session volume of 2,964,349 shares. The stock had previously closed at GBX 0.40 ($0.01).

Wishbone Gold Trading Down 8.5 %

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 firm has a market capitalization of £1.20 million, a P/E ratio of -67.50 and a beta of 1.30. The firm has a 50 day moving average price of GBX 0.47 and a two-hundred day moving average price of GBX 0.83.

About Wishbone Gold

(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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