Wishbone Gold (LON:WSBN – Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX (0.04) earnings per share for the quarter, Digital Look Earnings reports. Wishbone Gold had a negative net margin of 685.01% and a negative return on equity of 19.87%.
Wishbone Gold Stock Down 1.1%
Shares of LON:WSBN opened at GBX 23 on Thursday. Wishbone Gold has a 12-month low of GBX 23 and a 12-month high of GBX 229.80. The stock has a market cap of £8.73 million, a PE ratio of -5.25 and a beta of 1.57. The business has a 50 day moving average of GBX 26.93 and a 200-day moving average of GBX 48.97.
Wishbone Gold Company Profile
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. Red Setter is a Havieron style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production.
In Queensland the Wishbone II project has almost doubled recently with the addition of Wishbone VI.
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