Wishbone Gold (LON:WSBN) Stock Price Down 10.3% – What’s Next?

by · The Cerbat Gem

Wishbone Gold Plc (LON:WSBN – Get Free Report)’s share price dropped 10.3% on Tuesday . The stock traded as low as GBX 61 and last traded at GBX 61.01. Approximately 480,225 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 1,051,722 shares. The stock had previously closed at GBX 68.

Wishbone Gold Price Performance

The company has a market cap of £1.84 billion, a price-to-earnings ratio of -1,392.24 and a beta of 1.30. The firm has a 50 day simple moving average of GBX 2.47 and a 200-day simple moving average of GBX 1.23.

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