Pantoro Limited ( (AU:PNR) ) has shared an update.
Pantoro Limited has reported its Half-Year Financial results for the period ending December 31, 2024, highlighting significant financial and operational achievements. The company achieved an EBITDA of $63.8 million, with a notable contribution from the Norseman project, and generated cash flow from operations of $63 million. Gold production increased by 30% to 40,812 ounces, and milled tonnes rose by 12% compared to the previous year, underscoring Pantoro’s strong operational performance and strategic growth in the gold mining industry.
More about Pantoro Limited
Pantoro Limited is a Western Australia-based gold producer focused on maximizing the potential of its wholly-owned Norseman Gold Project, known for being one of the highest-grade goldfields in Australia. The company has a strong presence in the WA mining sector and is dedicated to long-term growth through operational excellence and strategic exploration.
YTD Price Performance: 58.00%
Average Trading Volume: 43,089
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €548.9M
For an in-depth examination of PNR stock, go to TipRanks’ Stock Analysis page.