Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) dropped 8.5% during trading on Wednesday . The stock traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 134,682,766 shares traded hands during mid-day trading, an increase of 276% from the average daily volume of 35,780,512 shares. The stock had previously closed at GBX 0.14 ($0.00).
Wishbone Gold Price Performance
The company has a fifty day moving average of GBX 0.15 and a 200 day moving average of GBX 0.27. The firm has a market capitalization of £713,361.93, a P/E ratio of -0.40 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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