Wishbone Gold (LON:WSBN) Stock Price Down 16.2% – Here’s Why

Wishbone Gold Plc (LON:WSBNGet Free Report) shares were down 16.2% during trading on Monday . The stock traded as low as GBX 1.28 ($0.02) and last traded at GBX 1.29 ($0.02). Approximately 176,286,344 shares traded hands during trading, an increase of 52% from the average daily volume of 116,327,938 shares. The stock had previously closed at GBX 1.54 ($0.02).

Wishbone Gold Stock Performance

The firm’s fifty day simple moving average is GBX 0.58 and its 200 day simple moving average is GBX 0.30. The firm has a market cap of £33.47 million, a P/E ratio of -469.09 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) EPS 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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