Wishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price dropped 19.1% during trading on Saturday . The stock traded as low as GBX 0.95 and last traded at GBX 1. Approximately 250,657,828 shares changed hands during mid-day trading, an increase of 128% from the average daily volume of 109,855,438 shares. The stock had previously closed at GBX 1.23.
Wishbone Gold Stock Up 7.4%
The company’s fifty day simple moving average is GBX 1.28 and its two-hundred day simple moving average is GBX 0.68. The company has a market capitalization of £32.31 million, a price-to-earnings ratio of -24.41 and a beta of 1.30.
About Wishbone Gold
It has three major exploration properties in Australia and three minor prospects. Two of these are located in the Pilbara region of Western Australia and the third is in the Mingela-Charters Towers region in Queensland.
The company’s flagship project is Red Setter located approximately 13km south west of Newcrest’s Telfer operations.
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