Wishbone Gold (LON:WSBN) Stock Price Down 8.2% – Should You Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report) fell 8.2% on Wednesday . The company traded as low as GBX 0.44 ($0.01) and last traded at GBX 0.45 ($0.01). 294,733,813 shares were traded during mid-day trading, an increase of 232% from the average session volume of 88,779,898 shares. The stock had previously closed at GBX 0.49 ($0.01).

Wishbone Gold Price Performance

The company has a market capitalization of £3.23 million, a PE ratio of -1.79 and a beta of 1.30. The company has a 50-day moving average of GBX 0.26 and a two-hundred day moving average of GBX 0.21.

Wishbone Gold (LON:WSBNGet Free Report) last released its quarterly earnings data on Monday, June 30th. The company reported GBX (0.28) ($0.00) earnings per share (EPS) 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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