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Wishbone Gold ( (GB:WSBN) ) has issued an announcement.
Wishbone Gold Plc has acquired all of its outstanding deferred shares of 9.9 pence each for nil consideration, as previously approved by shareholders at an Extraordinary General Meeting held on 28 November 2025. In line with the Gibraltar Companies Act 2014, these deferred shares have been returned to unissued share capital, leaving the company’s authorised share capital unchanged at £8 million but increasing the unissued share capital from £4,977,413.50 to £7,959,744.13, equivalent to an increase in authorised unissued shares from 4,977,413,500 to 7,959,744,135. The move simplifies Wishbone’s capital structure and significantly expands its capacity to issue new shares in future, potentially providing greater flexibility for capital raising, corporate transactions or other strategic initiatives.
The most recent analyst rating on (GB:WSBN) stock is a Hold with a £72.00 price target. To see the full list of analyst forecasts on Wishbone Gold stock, see the GB:WSBN Stock Forecast page.
Spark’s Take on GB:WSBN Stock
According to Spark, TipRanks’ AI Analyst, GB:WSBN is a Neutral.
Overall score is held back primarily by weak financial performance (pre-revenue, ongoing losses, and negative free cash flow despite some improvement). Technicals are mixed with a neutral momentum profile and no clear trend, while valuation is limited by a negative P/E and lack of dividend yield data.
To see Spark’s full report on GB:WSBN stock, click here.
More about Wishbone Gold
Wishbone Gold Plc is a precious metals company listed on London’s AIM and Aquis exchanges under the ticker WSBN. The company operates within the gold sector, although this announcement focuses primarily on its capital structure and governance rather than its specific mining or trading activities.
Average Trading Volume: 919,073
Technical Sentiment Signal: Sell
Current Market Cap: £22.67M
For a thorough assessment of WSBN stock, go to TipRanks’ Stock Analysis page.