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Wishbone Gold ( (GB:WSBN) ) has provided an update.
Wishbone Gold PLC announced its unaudited interim results for the first half of 2025, highlighting significant operational and financial developments. The company decided not to proceed with a proposed merger with Evrensel Global Natural Resources Ltd, and has since reorganized its Western Australia subsidiary and strengthened its management team. The company is advancing its exploration efforts at the Red Setter Dome, with recent drilling preparations showing promising conditions for cost-effective exploration. Financially, Wishbone raised substantial funds through share placements, improving its cash position significantly, which supports its ongoing exploration strategy.
More about Wishbone Gold
Wishbone Gold PLC operates in the natural resources sector, focusing on exploration activities primarily in Western Australia. The company is involved in gold exploration, with a significant interest in the Red Setter Gold Dome, located near the Telfer Gold Mine.
Average Trading Volume: 160,286,716
Technical Sentiment Signal: Buy
Current Market Cap: £47.51M
For a thorough assessment of WSBN stock, go to TipRanks’ Stock Analysis page.