Wishbone Gold (LON:WSBN) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened
by Doug Wharley · The Cerbat GemShares of Wishbone Gold Plc (LON:WSBN – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 75.78 and traded as low as GBX 32. Wishbone Gold shares last traded at GBX 32.22, with a volume of 257,116 shares traded.
Wishbone Gold Stock Up 0.9%
The stock has a market capitalization of £10.07 million, a P/E ratio of -7.60 and a beta of 1.20. The stock’s 50 day moving average price is GBX 50.37 and its 200-day moving average price is GBX 75.
Wishbone Gold Company Profile
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. Red Setter is a Havieron style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production.
In Queensland the Wishbone II project has almost doubled recently with the addition of Wishbone VI.