Wishbone Gold (LON:WSBN) Trading Down 13.4% – Time to Sell?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) traded down 13.4% during trading on Monday . The stock traded as low as GBX 0.57 ($0.01) and last traded at GBX 0.60 ($0.01). 190,370,422 shares changed hands during trading, an increase of 121% from the average session volume of 86,314,172 shares. The stock had previously closed at GBX 0.70 ($0.01).

Wishbone Gold Price Performance

The firm’s 50-day moving average price is GBX 0.24 and its 200 day moving average price is GBX 0.20. The firm has a market cap of £3.14 million, a P/E ratio of -1.74 and a beta of 1.30.

Wishbone Gold (LON:WSBNGet Free Report) last released its quarterly earnings data on Monday, June 30th. The company reported GBX (0.28) ($0.00) earnings per share for the quarter.

Wishbone Gold Company Profile

(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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