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Wishbone Gold PLC (GB:WSBN)
LSE:WSBN

Wishbone Gold (WSBN) Price & Analysis

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WSBN Stock Chart & Stats

98.00p
>-0.01p(-1.05%)
At close: 4:00 PM EST
98.00p
>-0.01p(-1.05%)

Bulls Say, Bears Say

Bulls Say
Low Leverage / No DebtA near-zero debt profile materially reduces solvency and interest-rate risk for an exploration company. This conservatism preserves optionality to fund programs via equity or partners and lowers near-term default risk while management pursues value-accretive exploration.
Exploration-focused Business ModelA clear, discipline-aligned exploration model creates structural value drivers: discovery, resource delineation, permitting, then monetization via JV/sale. For investors this provides binary upside tied to geology and program execution rather than short-term market cycles.
Improving Cash Flow TrendYear-over-year reduction in negative free cash flow signals improving capital efficiency and potentially lower near-term financing needs if trend continues. For an exploration-stage firm, slower burn improves runway and raises chances of reaching value inflection with existing resources.
Bears Say
Pre-revenue Profile With Persistent LossesAbsent operating revenue and with recurring operating losses, the company must continually access external capital to fund exploration. This structural funding dependence increases dilution risk and can constrain the pace and scale of resource-advancing programs over the medium term.
Equity Erosion And Negative ROEDeclining book equity and strongly negative ROE indicate value dilution from losses. Over time this reduces the balance-sheet cushion for exploration setbacks, increases reliance on dilutive capital raises, and undermines shareholder value unless operational progress reverses the trend.
No Revenue HistoryA multi-year absence of revenue means the business lacks internal cash generation and commercial validation. Long-term success depends on exploration outcomes or transactions; failure to convert prospects into saleable resources raises structural execution and financing risk.

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 9.00p and its highest was 229.80p in the past 12 months.
    What is Wishbone Gold PLC’s market cap?
    Wishbone Gold PLC’s market cap is £22.97M.
      When is Wishbone Gold PLC’s upcoming earnings report date?
      Wishbone Gold PLC’s upcoming earnings report date is Jun 26, 2026 which is in 123 days.
        How were Wishbone Gold PLC’s earnings last quarter?
        Currently, no data Available
        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 30,225,864 shares outstanding.
            What happened to Wishbone Gold PLC’s price movement after its last earnings report?
            Currently, no data Available
            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 engages in the gold production and trading activities in Australia. It explores for gold, silver, copper, lead, and other metals. The company's projects include the Red Setter and Cottesloe projects located in the Patersons Range region of Western Australia; and the White Mountain project located in Queensland. It also holds interests in the Wishbone II, IV, and VI projects located in Queensland. The company was incorporated in 2009 and is based in Gibraltar.

              Wishbone Gold (WSBN) Earnings & Revenues

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