Wishbone Gold (LON:WSBN) Stock Price Down 16.6% – Here’s Why

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) dropped 16.6% during mid-day trading on Monday . The stock traded as low as GBX 1.43 ($0.02) and last traded at GBX 1.46 ($0.02). Approximately 114,983,711 shares changed hands 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 Trading Down 16.6%

The firm has a market capitalization of £37.89 million, a price-to-earnings ratio of -530.91 and a beta of 1.30. The company has a 50-day moving average of GBX 0.98 and a 200-day moving average of GBX 0.46.

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 (EPS) for the quarter.

About Wishbone Gold

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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.

Further Reading

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