Wishbone Gold (LON:WSBN) Reaches New 12-Month Low – Here’s Why

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.17 ($0.00), with a volume of 13289845 shares trading hands. The stock had previously closed at GBX 0.17 ($0.00).

Wishbone Gold Stock Performance

The firm has a 50-day moving average of GBX 0.23 and a 200 day moving average of GBX 0.43. The company has a market cap of £557,158.00, a P/E ratio of -67.50 and a beta of 1.30. The company has a current ratio of 0.94, a quick ratio of 7.15 and a debt-to-equity ratio of 0.57.

About Wishbone Gold

(Get Free Report)

Wishbone Gold Plc is listed in London on the LSE AIM market and the AQUIS stock exchange.

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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