Wishbone Gold (LON:WSBN) Stock Price Down 11.3% – Should You Sell?

Wishbone Gold Plc (LON:WSBNGet Free Report) was down 11.3% during trading on Thursday . The stock traded as low as GBX 1.38 ($0.02) and last traded at GBX 1.41 ($0.02). Approximately 161,018,375 shares changed hands during trading, an increase of 37% from the average daily volume of 117,159,484 shares. The stock had previously closed at GBX 1.59 ($0.02).

Wishbone Gold Trading Down 11.3%

The firm has a fifty day moving average price of GBX 0.68 and a 200 day moving average price of GBX 0.33. The firm has a market cap of £36.59 million, a PE ratio of -512.73 and a beta of 1.30.

Wishbone Gold (LON:WSBNGet Free Report) last posted its quarterly earnings results on Monday, June 30th. The company reported GBX (0.28) 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.

Further Reading

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