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Wishbone Gold (DE:7N60)
FRANKFURT:7N60

Wishbone Gold (7N60) Price & Analysis

Followers

7N60 Stock Chart & Stats

€0.25
€0.01(5.93%)
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Bulls Say, Bears Say

Bulls Say
Low Financial LeverageWishbone Gold's near-zero debt position is a durable strength for an explorer: it lowers solvency risk, reduces fixed financing costs, and preserves flexibility to pursue drilling or JV deals without immediate debt servicing pressure. This structural balance sheet health helps absorb exploration volatility and extends optionality for strategic financing over the next several months.
Growing Assets And EquityThe company has demonstrably increased its asset base and equity, indicating it has been able to fund operations and add project value. For an explorer, expanding assets and equity signals access to capital and investor support, which provides runway for further drilling, licence work and potential farm-out negotiations over a multi-month horizon.
Defined Monetisation PathwaysWishbone's corporate model relies on established explorer exit routes—asset sales, farm-outs/JVs and progressing discoveries. These structural monetisation options permit third‑party funding of development risk and limit reliance on operational revenue, making the business model viable over time if exploration delivers prospective results or attracts partners.
Bears Say
No Revenue; Recurring LossesWishbone is a pre‑revenue explorer with persistent operating losses and negative EBITDA, a structural weakness: absent a discovery or sale, there is no near‑term path to operating profitability. Continued losses mechanically consume equity and require external funding, constraining the company's ability to self‑fund sustained exploration programs without dilution.
Negative Cash Flow And Rising BurnOperating and free cash flow have been negative consistently and worsened in 2025, creating a durable funding risk. Increased cash burn raises the probability of additional capital raises, which can dilute shareholders, and may force project slowdowns or dependent farm‑outs if fresh funding terms are constrained over the coming months.
Negative Returns On EquityNegative ROE across reported periods shows the company's capital base has not generated investor returns, a persistent structural issue. This indicates poor capital efficiency typical of early explorers; unless exploration converts to value-accretive discoveries or lucrative disposals, continued negative returns will pressure investor appetite and long‑term funding economics.

Wishbone Gold News

7N60 FAQ

What was Wishbone Gold’s price range in the past 12 months?
Wishbone Gold lowest stock price was €0.22 and its highest was €1.38 in the past 12 months.
    What is Wishbone Gold’s market cap?
    Wishbone Gold’s market cap is €10.00M.
      When is Wishbone Gold’s upcoming earnings report date?
      Wishbone Gold’s upcoming earnings report date is Sep 30, 2026 which is in 67 days.
        How were Wishbone Gold’s earnings last quarter?
        Wishbone Gold released its earnings results on Jun 30, 2026. The company reported -€0.036 earnings per share for the quarter, missing the consensus estimate of N/A by -€0.036.
          Is Wishbone Gold overvalued?
          According to Wall Street analysts Wishbone Gold’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Wishbone Gold pay dividends?
            Wishbone Gold does not currently pay dividends.
            What is Wishbone Gold’s EPS estimate?
            Wishbone Gold’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Wishbone Gold have?
            Wishbone Gold has 37,972,214 shares outstanding.
              What happened to Wishbone Gold’s price movement after its last earnings report?
              Wishbone Gold reported an EPS of -€0.036 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 5.785%.
                Which hedge fund is a major shareholder of Wishbone Gold?
                Currently, no hedge funds are holding shares in DE:7N60
                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

                  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 (7N60) Earnings & Revenues

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