Wishbone Gold (LON:WSBN) Trading Down 11.6% – Should You Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report) shares traded down 11.6% during mid-day trading on Wednesday . The stock traded as low as GBX 1.23 ($0.02) and last traded at GBX 1.29 ($0.02). 328,031,531 shares were traded during mid-day trading, an increase of 183% from the average session volume of 115,762,594 shares. The stock had previously closed at GBX 1.46 ($0.02).

Wishbone Gold Price Performance

The stock has a market capitalization of £34.77 million, a price-to-earnings ratio of -487.27 and a beta of 1.30. The firm’s fifty day moving average is GBX 1.05 and its 200-day moving average is GBX 0.49.

Wishbone Gold (LON:WSBNGet Free Report) last announced 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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