Shares of Wishbone Gold Plc (LON:WSBN – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 91.51 and traded as low as GBX 77. Wishbone Gold shares last traded at GBX 79.30, with a volume of 524,934 shares.
Wishbone Gold Trading Down 3.9%
The company’s 50-day moving average is GBX 72.06 and its 200 day moving average is GBX 91.51. The stock has a market capitalization of £23.97 million, a PE ratio of -18.11 and a beta of 1.30.
Wishbone Gold (LON:WSBN – Get Free Report) last announced its quarterly earnings results on Tuesday, November 25th. The company reported GBX (28) earnings per share for the quarter.
About Wishbone Gold
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. Red Setter is a Havieron style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production.
In Queensland the Wishbone II project has almost doubled recently with the addition of Wishbone VI.
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