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Wishbone Gold (WSBN) AI Stock Analysis
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Wishbone Gold
(LSE:WSBN)
The score is weighed down primarily by weak financial performance (no revenue, ongoing losses, and rising cash burn) and bearish technicals (price far below key moving averages with negative MACD). Low leverage and a debt-light balance sheet provide some stability, but the negative P/E and lack of dividend support offer limited valuation underpinning.
Wishbone Gold (WSBN) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- GBP 3.70M
- Dividend Yield
- ―
- Average Volume (3M)
- 355.76K
- Price to Earnings (P/E)
- -1.8
- Beta (1Y)
- 3.44
- Revenue Growth
- ―
- EPS Growth
- 58.80%
- Country
- UK
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Wishbone Gold Business Overview & Revenue Model
Company Description
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 featu...
How the Company Makes Money
Wishbone Gold does not have publicly available information indicating recurring operating revenue from producing mines or selling finished products; as an exploration-stage company, it typically does not generate material revenue until a project reac...
Wishbone Gold Financial Statement Overview
Summary
Financials reflect a pre-revenue explorer: revenue is zero across recent years with recurring net losses and negative EBITDA/EBIT. Cash flow is consistently negative with increased cash burn in 2025, creating ongoing funding risk. The main offset is a comparatively solid balance sheet with near-zero debt and increased equity/assets, reducing leverage risk but not solving profitability or cash burn.
Income Statement
14Very NegativeBalance Sheet
66PositiveCash Flow
24Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Dec 2023 | Dec 2022 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 116.56K | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 116.56K | 0 | 0 | 0 |
| EBITDA | -938.14K | -1.71M | -1.17M | 274.02K | -898.91K | -861.01K |
| Net Income | -1.21M | -1.21M | -1.17M | -1.00M | -948.46K | -1.24M |
Balance Sheet | ||||||
| Total Assets | 12.60M | 12.60M | 6.14M | 7.15M | 6.56M | 4.50M |
| Cash, Cash Equivalents and Short-Term Investments | 3.40M | 3.40M | 124.89K | 18.23K | 1.46M | 3.00M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 302.02K | 302.02K | 626.08K | 908.00K | 632.67K | 135.75K |
| Stockholders Equity | 12.30M | 12.30M | 5.52M | 6.25M | 5.93M | 4.36M |
Cash Flow | ||||||
| Free Cash Flow | -1.85M | -2.62M | -1.62M | -3.26M | -3.91M | -1.14M |
| Operating Cash Flow | -2.62M | -2.62M | -1.49M | -1.62M | -787.35K | -926.42K |
| Investing Cash Flow | -2.05M | -2.05M | -121.30K | -1.64M | -3.12M | -217.13K |
| Financing Cash Flow | 7.95M | 7.95M | 1.16M | 1.84M | 2.38M | 2.56M |
Wishbone Gold Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:WSBN, the sentiment is Negative. The current price of 9.75 is below the 20-day moving average (MA) of 14.85, below the 50-day MA of 18.70, and below the 200-day MA of 33.70, indicating a bearish trend. The MACD of -2.77 indicates Positive momentum. The RSI at 19.41 is Positive, neither overbought nor oversold. The STOCH value of 9.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:WSBN.
Wishbone Gold Peers Comparison
Overall Rating
GB:HAMA45Neutral
GB:CGNR44Neutral
GB:ECR44Neutral
GB:LEX43Neutral- GB:WSBN42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| GB:HAMA | 45Neutral | GBP 2.91M | -0.64 | -165.54% | ― | ― | 56.07% |
| GB:CGNR | 44Neutral | GBP 6.54M | -33.60 | -0.55% | ― | ― | 77.01% |
| GB:ECR | 44Neutral | GBP 5.24M | -3.19 | -23.57% | ― | ― | 0.00% |
| GB:LEX | 43Neutral | GBP 10.83M | -22.65 | -3.73% | ― | ― | 16.67% |
| GB:WSBN | 42Neutral | GBP 3.70M | -1.78 | -13.94% | ― | ― | 58.80% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:WSBN | Wishbone Gold | 9.75 | -91.75 | -90.39% | |
| GB:ECR | ECR Minerals | 0.13 | -0.08 | -39.52% | |
| GB:CGNR | Conroy Gold and Natural Resources | 7.00 | -3.25 | -31.71% | |
| GB:LEX | Lexington Gold Ltd. | 2.20 | -1.65 | -42.86% | |
| GB:HAMA | Hamak Gold Limited | 0.57 | -0.78 | -57.41% |
Wishbone Gold Corporate Events
Wishbone Gold Reports Strong Gold-Copper Hits at Red Setter Project
PositiveWishbone Gold has reported new assay results from its ongoing drilling campaign at the Red Setter project in Western Australia, highlighting wide zones of gold and copper mineralisation at relatively shallow depths. Significant intercepts include gol...
Wishbone Gold Expands WA Portfolio as Interim Loss Reflects Exploration Drive
PositiveWishbone Gold PLC has reported unaudited interim results for the six months to 30 June 2026, highlighting an active period of portfolio expansion in Western Australia. The company secured 67km² of crown land near Telfer, advanced drilling at its...
Wishbone Gold Secures Major Tenement Along Havieron Thrust Fault
PositiveWishbone Gold has registered the Havieron South-East tenement, a 118 square kilometre licence located about 10 kilometres south-east of Greatland Resources’ Havieron gold-copper mine in Western Australia. Once granted and incorporated into the...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 29, 2026