Wishbone Gold (LON:WSBN) Trading Down 11.3% – What’s Next?

Wishbone Gold Plc (LON:WSBNGet Free Report)’s stock price traded down 11.3% on Tuesday . The stock traded as low as GBX 1.23 ($0.02) and last traded at GBX 1.30 ($0.02). 212,573,906 shares were traded during mid-day trading, an increase of 85% from the average session volume of 114,982,477 shares. The stock had previously closed at GBX 1.46 ($0.02).

Wishbone Gold Stock Performance

The company’s fifty day moving average is GBX 1.03 and its two-hundred day moving average is GBX 0.49. The company has a market cap of £31.89 million, a price-to-earnings ratio of -446.91 and a beta of 1.30.

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