Wishbone Gold (LON:WSBN) Stock Price Down 8.3% – Here’s What Happened

Wishbone Gold Plc (LON:WSBNGet Free Report) was down 8.3% during mid-day trading on Monday . The stock traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.36 ($0.02). Approximately 41,955,781 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 116,503,031 shares. The stock had previously closed at GBX 1.49 ($0.02).

Wishbone Gold Stock Performance

The company’s 50 day simple moving average is GBX 0.74 and its 200-day simple moving average is GBX 0.36. The firm has a market capitalization of £31.48 million, a PE ratio of -441.09 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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