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Wishbone Gold PLC (GB:WSBN)
LSE:WSBN
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Wishbone Gold (WSBN) Price & Analysis

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WSBN Stock Chart & Stats

23.00 p
-0.50 p(-2.22%)
At close: 4:00 PM EDT
23.00 p
-0.50 p(-2.22%)

Bulls Say, Bears Say

Bulls Say
Minimal LeverageEffectively zero debt reduces interest and refinancing pressure while preserving financial flexibility for exploration activity. This gives Wishbone more capacity to manage funding cycles and pursue project work without the added constraint of a material fixed debt burden.
Growing Asset And Equity BaseThe increase in equity and assets indicates that the company has continued to secure resources to support its exploration platform. Although this has not yet produced profits, a stronger capital base can provide greater operating capacity and reduce immediate balance-sheet fragility.
Losses Not Steadily AcceleratingThe absence of a consistent year-after-year acceleration in losses suggests that cost pressure has not worsened in a completely linear way. This offers a modest stabilizing feature while the company advances exploration, even though reported results still show no operating profitability.
Bears Say
No Operating RevenueZero revenue over five reported years confirms that Wishbone remains dependent on exploration funding rather than recurring commercial operations. Until an asset is monetized or reaches production, the company has limited internal revenue support for ongoing work and corporate expenses.
Persistent Operating LossesPersistent losses across net income, EBITDA, and EBIT indicate that the current business has not established profitable operating scale. The larger 2025 operating loss further increases the challenge of demonstrating an improving earnings base over the next several reporting periods.
Negative And Worsening Cash FlowRepeatedly negative operating and free cash flow means exploration and corporate spending are not being funded by internally generated cash. The sharper 2025 burn raises the likelihood that continued activity will require additional financing, which can increase funding pressure and potential dilution.

Wishbone Gold News

WSBN FAQ

What was Wishbone Gold PLC’s price range in the past 12 months?
Wishbone Gold PLC lowest share price was 9.00 p and its highest was 127.00 p in the past 12 months.
    What is Wishbone Gold PLC’s market cap?
    Wishbone Gold PLC’s market cap is £3.51M.
      When is Wishbone Gold PLC’s upcoming earnings report date?
      Wishbone Gold PLC’s upcoming earnings report date is Jul 01, 2027 which is in 246 days.
        How were Wishbone Gold PLC’s earnings last quarter?
        Wishbone Gold PLC released its earnings results on Jun 30, 2026. The company reported -0.023 p earnings per share for the quarter.
          Is Wishbone Gold PLC overvalued?
          According to Wall Street analysts Wishbone Gold PLC’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Wishbone Gold PLC pay dividends?
            Wishbone Gold PLC does not currently pay dividends.
            What is Wishbone Gold PLC’s EPS estimate?
            Wishbone Gold PLC’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Wishbone Gold PLC have?
            Wishbone Gold PLC has 37,972,214 shares outstanding.
              What happened to Wishbone Gold PLC’s price movement after its last earnings report?
              Wishbone Gold PLC reported an EPS of -0.023 p in its last earnings report. Following the earnings report the stock price went down -7.407%.
                Which hedge fund is a major shareholder of Wishbone Gold PLC?
                Currently, no hedge funds are holding shares in GB:WSBN
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Wishbone Gold PLC

                  Wishbone Gold Plc primarily focuses on gold extraction and commercialization operations within Australia. The company actively explores for a variety of precious and base metals, including gold, silver, copper, and lead. Its portfolio of assets features the Red Setter and Cottesloe projects, both situated in Western Australia's Patersons Range, alongside the White Mountain project in Queensland. Additionally, Wishbone Gold holds interests in the Wishbone II, IV, and VI projects, which are also located in Queensland. The company was founded in 2009 and maintains its corporate base in Gibraltar.

                  Wishbone Gold (WSBN) Earnings & Revenues

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