Wishbone Gold (LON:WSBN) Stock Price Down 10%

Wishbone Gold Plc (LON:WSBN) shares were down 10% during mid-day trading on Thursday . The company traded as low as GBX 0.45 ($0.01) and last traded at GBX 0.45 ($0.01). Approximately 100,650 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,641,261 shares. The stock had previously closed at GBX 0.50 ($0.01).

Wishbone Gold Stock Performance

The firm has a market capitalization of £1.64 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 0.66 and a two-hundred day moving average price of GBX 0.99. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15.

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.