Wishbone Gold (LON:WSBN) Trading Down 7.1% – Should You Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price dropped 7.1% on Monday . The company traded as low as GBX 1.25 ($0.02) and last traded at GBX 1.30 ($0.02). Approximately 75,088,539 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 113,791,938 shares. The stock had previously closed at GBX 1.40 ($0.02).

Wishbone Gold Trading Down 7.1%

The firm has a market cap of £33.76 million, a price-to-earnings ratio of -473.09 and a beta of 1.30. The stock has a 50-day moving average of GBX 0.88 and a two-hundred day moving average of GBX 0.42.

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

About Wishbone Gold

(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.

Featured Stories

Receive News & Ratings for Wishbone Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wishbone Gold and related companies with MarketBeat.com's FREE daily email newsletter.