Wishbone Gold (LON:WSBN) Trading Down 7.6% – What’s Next?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) were down 7.6% during mid-day trading on Wednesday . The company traded as low as GBX 0.70 ($0.01) and last traded at GBX 0.73 ($0.01). Approximately 220,109,594 shares changed hands during mid-day trading, an increase of 115% from the average daily volume of 102,547,672 shares. The stock had previously closed at GBX 0.79 ($0.01).

Wishbone Gold Stock Performance

The stock’s fifty day moving average price is GBX 0.39 and its 200-day moving average price is GBX 0.24. The company has a market capitalization of £4.23 million, a P/E ratio of -2.34 and a beta of 1.30.

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 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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