Wishbone Gold (LON:WSBN) Stock Price Down 5.3% – Here’s Why

Wishbone Gold Plc (LON:WSBN) shares traded down 5.3% during trading on Thursday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 1,953,350 shares traded hands during trading, a decline of 40% from the average session volume of 3,282,043 shares. The stock had previously closed at GBX 0.19 ($0.00).

Wishbone Gold Price 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 company has a market cap of £589,932.00, a PE ratio of -67.50 and a beta of 1.30. The company has a 50-day moving average price of GBX 0.25 and a two-hundred day moving average price of GBX 0.46.

About Wishbone Gold

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.