Wishbone Gold (LON:WSBN – Get Free Report) released its earnings results on Tuesday. The company reported GBX (0.04) earnings per share for the quarter, Digital Look Earnings reports. Wishbone Gold had a negative return on equity of 12.53% and a negative net margin of 685.01%.
Wishbone Gold Trading Down 1.3%
Shares of WSBN opened at GBX 23.44 on Wednesday. The firm has a market capitalization of £8.90 million, a price-to-earnings ratio of -5.35 and a beta of 1.57. The firm’s fifty day simple moving average is GBX 27.09 and its 200-day simple moving average is GBX 49.11. Wishbone Gold has a twelve month low of GBX 23 and a twelve month 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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