Wishbone Gold (LON:WSBN) Shares Down 13.2% – What’s Next?

by · The Cerbat Gem

Wishbone Gold Plc (LON:WSBN – Get Free Report)’s stock price was down 13.2% during mid-day trading on Tuesday . The company traded as low as GBX 57 and last traded at GBX 59.03. Approximately 641,215 shares were traded during trading, a decline of 39% from the average daily volume of 1,052,556 shares. The stock had previously closed at GBX 68.

Wishbone Gold Stock Performance

The firm has a 50-day moving average of GBX 2.47 and a 200-day moving average of GBX 1.23. The firm has a market capitalization of £1.82 billion, a P/E ratio of -1,375.34 and a beta of 1.30.

Wishbone Gold (LON:WSBN – Get Free Report) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX (0.28) earnings per share (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.

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