Wishbone Gold (LON:WSBN) Shares Down 4.2% – Time to Sell?

Wishbone Gold Plc (LON:WSBN)’s stock price was down 4.2% on Thursday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 2,553,350 shares traded hands during trading, a decline of 25% from the average daily volume of 3,382,043 shares. The stock had previously closed at GBX 0.19 ($0.00).

Wishbone Gold Trading Down 1.6 %

The company has a debt-to-equity ratio of 0.57, a quick ratio of 7.15 and a current ratio of 0.94. The company has a market capitalization of £596,486.80, a price-to-earnings ratio of -67.50 and a beta of 1.30. The firm has a fifty day moving average price of GBX 0.25 and a 200-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.