Wishbone Gold (LON:WSBN) Trading Down 7.8% – Time to Sell?

Shares of Wishbone Gold Plc (LON:WSBNGet Free Report) traded down 7.8% during trading on Saturday . The company traded as low as GBX 0.55 ($0.01) and last traded at GBX 0.59 ($0.01). 283,294,688 shares were traded during trading, an increase of 211% from the average session volume of 91,182,609 shares. The stock had previously closed at GBX 0.64 ($0.01).

Wishbone Gold Price Performance

The company has a 50-day moving average price of GBX 0.27 and a 200-day moving average price of GBX 0.21. The firm has a market capitalization of £3.24 million, a PE ratio of -1.80 and a beta of 1.30.

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

Wishbone Gold Company Profile

(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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