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

Wishbone Gold Plc (LON:WSBN) shares fell 4.2% during mid-day trading on Friday . The stock traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 2,553,350 shares traded 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 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 firm has a market capitalization of £596,486.80, a PE ratio of -67.50 and a beta of 1.30. The business’s 50 day moving average price is GBX 0.25 and its 200-day moving average price is 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.