Wishbone Gold (LON:WSBN) Trading Down 7.2% – Should You Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price was down 7.2% on Monday . The company traded as low as GBX 1.25 ($0.02) and last traded at GBX 1.33 ($0.02). Approximately 169,977,203 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 116,563,297 shares. The stock had previously closed at GBX 1.43 ($0.02).

Wishbone Gold Stock Performance

The business’s fifty day moving average price is GBX 0.82 and its two-hundred day moving average price is GBX 0.39. The firm has a market capitalization of £32.44 million, a P/E ratio of -454.55 and a beta of 1.30.

Wishbone Gold (LON:WSBNGet Free Report) last released its earnings results on Monday, June 30th. The company reported GBX (0.28) EPS 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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