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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
Debt-free Balance SheetEffectively zero debt reduces financial risk and avoids the interest burden and refinancing pressure that can constrain an exploration company. This gives Wishbone greater flexibility to direct available resources toward geological work and project development while retaining capacity to respond to funding needs.
Growing Equity And AssetsThe increase in equity and total assets indicates that the company was able to strengthen its capital base through 2025. Although this has not yet produced profits, a larger asset and equity base can support continued exploration activity and provide greater financial resilience than a shrinking balance sheet.
Losses Not Steadily AcceleratingThe absence of a continuously accelerating loss trend is a modest positive for financial control, suggesting that reported cost pressure has not worsened in a straight line. This does not establish profitability, but it may provide a more stable base for managing exploration spending and future funding requirements.
Bears Say
No Operating RevenueFive consecutive years of zero revenue show that Wishbone remains pre-revenue and has not established an operating income stream from its exploration assets. Without production, sales, royalties, or other recurring revenue, the company cannot internally fund its activities and remains dependent on external financing or asset monetization.
Persistent Operating LossesPersistent negative net income, EBIT, and EBITDA indicate that the business has not demonstrated operating scale or a path to profitability in the reported period. The larger operating loss in 2025 reinforces the risk that ongoing exploration and corporate costs will continue consuming capital before assets generate commercial returns.
Negative Cash Flow And Rising BurnConsistently negative operating and free cash flow means Wishbone is not currently self-funding its activities. The increased burn in 2025 raises the likelihood of additional capital requirements, which could pressure shareholder returns and make progress dependent on continued access to financing.

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 10.40 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 £3.95M.
      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 248 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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