Wishbone Gold (LON:WSBN) Shares Down 16.6% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price traded down 16.6% during mid-day trading on Monday . The company traded as low as GBX 1.40 ($0.02) and last traded at GBX 1.46 ($0.02). 64,176,988 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 114,284,180 shares. The stock had previously closed at GBX 1.75 ($0.02).

Wishbone Gold Trading Down 16.6%

The business has a 50 day simple moving average of GBX 0.98 and a 200-day simple moving average of GBX 0.46. The stock has a market capitalization of £37.89 million, a price-to-earnings ratio of -530.91 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) 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.

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