LSE Equity Snapshot

WSBN Weekly Equity Report

Wishbone Gold Plc

Latest Close 24.25 GBP 12 Jun 2026
1W Return -7.6% latest completed week
4W Return -14.2% short-term follow-through
12W Return -19.2% quarterly tape
Trend Breadth 42.3% 22 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
Company Brief

What the company does

Wishbone Gold Plc, together with its subsidiaries, engages in gold trading activities in Australia. It explores for gold, silver, copper, lead, and other metals. The company's flagship project is Red Setter located in the Patersons Range region of Western Australia. Wishbone Gold Plc was incorporated in 2009 and is based in Gibraltar.

Snapshot

What the weekly tape is saying

WSBN closed the latest completed week at 24.25 GBP. The 4-week return is -14.2% and the 12-week return is -19.2%. Trend Signal is inactive, Market Dynamics is -0.94. Setup signature: Risk-first tape with a 14/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -54.7%
Volume 0.6x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 23 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 35 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 24 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
53.54 GBP
Vs Trend Line
-54.7%
Fair Value
88.08 GBP
Vs Fair Value
-72.5%
52W High
229.8 GBP
52W Low
15.00 GBP
Drawdown
-89.4%
Range Position
4.3%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -7.6%
4W -14.2%
12W -19.2%
26W -47.3%
52W 34.7%

Trend read

Active Streak
0 weeks
52W Active Weeks
22
52W Active Breadth
42.3%
Sector Scope
GB Basic Materials
Sector Rank
137 of 171
Sector Percentile
20.0%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.94
4W MD Change
17.4%
Relative Strength
-68.18
4W RS Change
-10.6%
Expectation
Negative
Probability
28.58%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
2.2M
13W Average
3.8M
52W Average
4.9M
Vs 13W
0.6x
Vs 52W
0.4x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
17.5%
52W Volatility
46.9%
Upside Weeks
15
Downside Weeks
36
Downside Breadth
69.2%
Avg Gain / Loss
46.9% / -10.6%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
LSE
Country
GB
Sector
Basic Materials
Industry
Gold
Currency
GBP
Market Cap
9.5M

Opportunity signals

  • No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 24.25 GBP -7.6% 53.54 GBP 88.08 GBP -0.94 -68.18 2.2M Off
5 Jun 2026 26.25 GBP -4.5% 55.57 GBP 89.24 GBP -1.01 -65.19 1.1M Off
29 May 2026 27.50 GBP -2.7% 58.08 GBP 90.42 GBP -1.11 -63.60 1.3M Off
22 May 2026 28.25 GBP 0.0% 60.58 GBP 91.59 GBP -1.15 -62.74 1.8M Off
15 May 2026 28.25 GBP 3.7% 63.40 GBP 92.66 GBP -1.13 -61.64 4.2M Off
8 May 2026 27.25 GBP -7.6% 66.46 GBP 94.02 GBP -1.23 -63.05 1.7M Off
1 May 2026 29.50 GBP 3.5% 69.63 GBP 95.38 GBP -1.23 -60.45 3.4M Off
24 Apr 2026 28.50 GBP -13.6% 72.95 GBP 96.70 GBP -1.23 -61.80 4.5M Off
17 Apr 2026 33.00 GBP -2.9% 77.83 GBP 98.09 GBP -1.23 -56.84 1.6M Off
10 Apr 2026 34.00 GBP 30.8% 81.40 GBP 99.67 GBP -0.95 -55.06 6.1M Off
3 Apr 2026 26.00 GBP -7.1% 85.03 GBP 101.3 GBP -0.70 -64.92 2.0M Off
27 Mar 2026 28.00 GBP -6.7% 89.08 GBP 103.0 GBP -0.45 -60.33 2.7M Off
20 Mar 2026 30.00 GBP -54.2% 93.28 GBP 104.8 GBP -0.25 -57.12 16.8M Off
13 Mar 2026 65.50 GBP -1.5% 97.12 GBP 106.3 GBP -0.25 -9.28 900.8K Off