Wishbone Gold (LON:WSBN) Shares Down 4.2% – Should You Sell?

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

Wishbone Gold Stock Down 4.2 %

The firm has a market cap of £596,486.80, a P/E ratio of -67.50 and a beta of 1.30. The firm’s 50-day moving average price is GBX 0.25 and its 200 day moving average price is GBX 0.46. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.94 and a quick ratio of 7.15.

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.