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London Stock Exchange · Basic Materials

Invest in Wishbone Gold stock from India

Indian and foreign residents can buy Wishbone Gold (WSBN) shares directly through Paasa.

By Paasa · Updated

Wishbone Gold at a glance

Price
£0.19-£0.02 (7.41%)
Market cap
£7.12M
Day range
£0.18 – £0.20
P/E
-5.90
Dividend yield
None
Volume
527.10K
1 month
-18.48%
6 months
-26.47%
YTD
-75.00%
1 year
-85.47%
5 years
-98.26%

Live chart and statistics

Wishbone Gold statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue£0.0£116.6K£0.0£0.0£0.0
Gross profit£0.0£116.6K£0.0£0.0£0.0
Operating income−£1.7M−£1.6M−£1.0M−£880.0K−£861.0K
Net income−£1.2M−£1.2M−£1.0M−£948.5K−£1.2M
Earnings per share−£0.04−£0.00−£0.00−£0.01−£0.01
EBITDA−£1.7M−£1.2M−£1.0M−£898.9K−£861.0K
Total assets£12.6M£6.1M£7.2M£6.6M£4.5M
Total debt£0.0£0.0£0.0£0.0£0.0
Cash and short-term investments£3.4M£124.9K£18.2K£1.5M£3.0M
Shareholders' equity£12.3M£5.5M£6.2M£5.9M£4.4M
Operating cash flow−£2.6M−£1.5M−£1.6M−£787.3K−£926.4K
Free cash flow−£2.6M−£1.6M−£3.3M−£3.9M−£1.1M
Capital expenditure−£3.0−£121.3K−£1.6M−£3.1M−£217.1K

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Cora GoldCORA.L£0.11£84.95M
80 Mile80M.L£0.01£63.26M
James CropperCRPR.L£6.33£60.43M
Cobra ResourcesCOBR.L£0.04£41.25M
Ariana ResourcesAAU.L£0.02£41.03M
Helium One GlobalHE1.L£0.00£33.03M
Kavango ResourcesKAV.L£0.01£30.55M
Ferro-Alloy ResourcesFAR.L£0.05£27.51M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Wishbone Gold from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search WSBN and buy

    Find Wishbone Gold by name or by its ticker, WSBN, and place your order.

Why invest in Wishbone Gold from India

What Wishbone Gold does

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. Wishbone Gold operates in the Gold industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Wishbone Gold stock from India?

Yes. Indian residents and NRIs can buy Wishbone Gold (WSBN) shares directly through Paasa. Wishbone Gold is listed on the London Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Wishbone Gold dividends taxed for Indian investors?

Wishbone Gold trades on the London Stock Exchange but is domiciled in Gibraltar, so any withholding on its dividends follows that country's rules rather than those of the UK. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Wishbone Gold shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Is there stamp duty when I buy Wishbone Gold shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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