Wishbone Gold (LON:WSBN – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX (0.04) EPS for the quarter, Digital Look Earnings reports. Wishbone Gold had a negative net margin of 685.01% and a negative return on equity of 12.53%.
Wishbone Gold Price Performance
WSBN traded up GBX 0.12 on Tuesday, hitting GBX 23.88. The company had a trading volume of 40,954 shares, compared to its average volume of 726,721. The stock has a fifty day simple moving average of GBX 27.28 and a 200-day simple moving average of GBX 49.28. The firm has a market capitalization of £9.07 million, a P/E ratio of -5.45 and a beta of 1.57. Wishbone Gold has a 52-week low of GBX 23 and a 52-week high of GBX 229.80.
Wishbone Gold Company Profile
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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