Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
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.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is overvalued on P/FCF.