Wishbone Gold (LON:WSBN) Shares Down 16.6% – Here’s What Happened

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price was down 16.6% on Tuesday . The company traded as low as GBX 1.43 ($0.02) and last traded at GBX 1.46 ($0.02). Approximately 114,983,711 shares were traded during trading, an increase of 0% from the average daily volume of 114,629,805 shares. The stock had previously closed at GBX 1.75 ($0.02).

Wishbone Gold Price Performance

The company’s 50-day moving average price is GBX 1.03 and its two-hundred day moving average price is GBX 0.49. The company has a market capitalization of £30.93 million, a price-to-earnings ratio of -433.45 and a beta of 1.30.

Wishbone Gold (LON:WSBNGet Free Report) last posted 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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