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Pantoro Gold Limited
(Sydney:PNR)
Pantoro Gold Limited (PNR) vs. iShares MSCI Australia ETF (EWA)
Pantoro Gold Limited Business Overview & Revenue Model
Pantoro Gold Limited Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 442.47M | 357.30M | 229.43M | 98.54M | 73.52M | 87.79M |
| Gross Profit | 165.72M | 96.40M | 31.46M | -55.02M | -1.84M | 17.25M |
| EBITDA | 294.98M | 162.72M | 51.22M | -55.48M | 20.74M | 33.44M |
| Net Income | 106.49M | 56.66M | -49.31M | -74.64M | -10.74M | 12.00M |
Balance Sheet | ||||||
| Total Assets | 776.66M | 692.79M | 560.88M | 514.91M | 294.63M | 221.38M |
| Cash, Cash Equivalents and Short-Term Investments | 189.38M | 151.65M | 98.12M | 42.61M | 52.04M | 47.38M |
| Total Debt | 82.64M | 78.35M | 56.12M | 79.57M | 56.50M | 19.82M |
| Total Liabilities | 206.87M | 183.49M | 147.58M | 176.69M | 101.74M | 65.65M |
| Stockholders Equity | 569.79M | 509.30M | 413.30M | 338.22M | 192.90M | 155.73M |
Cash Flow | ||||||
| Free Cash Flow | 133.46M | 75.26M | -41.29M | -81.08M | -49.21M | -15.61M |
| Operating Cash Flow | 254.16M | 182.00M | -563.17K | -17.13M | 19.74M | 33.62M |
| Investing Cash Flow | -143.08M | -104.17M | -11.33M | -68.28M | -73.63M | -51.46M |
| Financing Cash Flow | -27.56M | -24.31M | 67.40M | 75.98M | 58.55M | 42.73M |
Pantoro Gold Limited Technical Analysis
Pantoro Gold Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$3.12B | 15.30 | 17.03% | ― | 42.75% | -5.56% | |
68 Neutral | AU$1.76B | 7.86 | 27.46% | ― | 14.01% | 331.24% | |
63 Neutral | AU$1.79B | 4.11 | 10.01% | ― | 153.02% | -85.25% | |
62 Neutral | AU$1.53B | 8.53 | 12.22% | ― | 55.73% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$2.23B | -37.45 | -6.52% | ― | ― | -29.27% | |
52 Neutral | AU$2.57B | 240.15 | -6.70% | ― | 69.51% | -153.68% |
Pantoro Gold Limited Corporate Events
Pantoro Gold Limited has provided an updated notification regarding its on-market share buy-back program, confirming that it repurchased 259,607 ordinary fully paid shares on the previous trading day. The update, lodged as an Appendix 3C, indicates that no shares had been bought back prior to that day, signalling the active commencement of the program and a potential focus on capital management and shareholder value.
The daily buy-back disclosure underscores Pantoro Gold’s ongoing use of on-market purchases as a tool to manage its capital structure and possibly signal confidence in its valuation. For shareholders and market participants, the move may influence trading liquidity and earnings per share over time, while also aligning with common industry practices among resource companies to optimise balance sheets and return capital to investors.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Gold Limited has notified the market of the issue of 545,200 unquoted share rights under its employee incentive scheme. The new securities, which will not be quoted on the ASX, underscore the company’s ongoing use of equity-based remuneration to retain and motivate staff, aligning employee interests with long-term shareholder value.
The issuance of these share rights is structured as part of Pantoro Gold’s broader capital management and human resources strategy. While the move does not immediately affect the company’s quoted share capital, it introduces potential future dilution and signals continued emphasis on incentivising key personnel amid ongoing operations in the gold sector.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Gold Limited has notified the market of the cessation of 175,590 share rights under its PNRAH code. The rights lapsed on 10 March 2026 after conditions attached to these conditional securities were not met or became incapable of being satisfied, resulting in a modest reduction in the company’s potential issued capital without affecting existing ordinary shareholders.
The announcement reflects routine capital management and compliance with ASX reporting requirements for changes in equity-linked instruments. While the lapse reduces potential dilution from future share issuance under this specific award, it does not signal a change to Pantoro Gold’s underlying operations or strategic direction based on the information disclosed.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Gold reported a strong first half of FY 2026, with gold production of 41,623 ounces driving a sharp rise in EBITDA to $135.5 million and gross profit to $85.1 million, alongside higher revenue and operating cash flow that lifted its cash and gold balance to $216.5 million while remaining debt free and unhedged. Operationally, the company advanced underground development at Bullen, expanded exploration spend to underpin multiple future underground mines, shifted open pit mining from Princess Royal to Gladstone, and moved to consolidate underground contracting with Redpath across Norseman, even as it trimmed FY 2026 production guidance to 86,000–92,000 ounces due to weather disruptions, holiday-related resource constraints and contractor transition, highlighting both short-term production pressure and a reinforced platform for medium-term growth.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Gold Limited has released its half-year financial report for the period ended 31 December 2025, outlining the company’s corporate structure and key governance details. The report highlights the composition of the board, the registered office and key service providers such as auditors and share registry, underscoring the company’s established compliance and reporting framework.
The publication of the half-year report signals ongoing transparency and adherence to regulatory obligations for Pantoro’s shareholders and the market. While the document segment provided is largely administrative, it reinforces the company’s positioning as a regulated ASX-listed gold producer with a formal governance and support structure in place for investors and stakeholders.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Macquarie Group Limited and its controlled entities have lodged a formal notice that they have ceased to be substantial holders in Pantoro Gold Limited, indicating a reduction of their relevant interest in the company’s voting securities below the substantial holding threshold. The change alters the profile of Pantoro’s institutional register and may signal a shift in how Macquarie is positioning its exposure to the gold sector, though the operational activities of Pantoro itself remain unaffected by this ownership adjustment.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.10 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Limited released its December quarter 2025 results presentation, framing it as general information rather than an offer of securities or financial product advice, and stressing that the material is summary in nature and has not been independently verified. The company includes extensive disclaimers and cautions around the reliability and completeness of the information, emphasising that it assumes no obligation to update the presentation and that any forward-looking statements are subject to significant risks typical of the gold and broader mining industry, underscoring the uncertainty around future performance and potential outcomes for investors and other stakeholders.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Gold Limited reported a strong December 2025 quarter at its Norseman Gold Project, producing 22,071 ounces of gold and selling 22,473 ounces at an average price of $6,077 per ounce, delivering EBITDA of $83.6 million and an all-in sustaining cost of $2,571 per ounce. The company increased its cash and gold balance by $35 million to $216.5 million while still investing $32.1 million in exploration and major project capital, with notable operational contributions from the Scotia and OK underground mines and the Princess Royal open pits, and initial stripping underway at the Gladstone open pit ahead of first ore in the March 2026 quarter. Ongoing extensional drilling at Scotia and additional high-grade results from the Mainfield, including the Crown South Reef, support near-term development of a third underground mine, reinforcing Pantoro’s strategy to grow production and extend mine life at Norseman, while a streamlined five-person board follows the retirement of non-executive director Kevin Maloney.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Gold Limited will host an investor webinar on 22 January 2026, led by Managing Director Paul Cmrlec, to provide an operational update on its flagship Norseman Gold Project following the release of the company’s December 2025 quarterly activities report. The 30-minute session, which will include a Q&A segment for shareholders and other stakeholders, underscores Pantoro’s ongoing investor engagement and transparency around the progress and performance of one of Australia’s highest-grade goldfields, a key driver of the company’s production profile and growth strategy.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
State Street Corporation and a group of its asset management and trustee subsidiaries, including State Street Global Advisors entities in Australia, Europe, the UK and the US, have filed notice that they have ceased to be substantial shareholders in Pantoro Gold Limited as of 8 January 2026. The change reflects a reduction in their collective relevant interest below the substantial holding threshold under Australia’s Corporations Act, marking a shift in Pantoro Gold’s institutional share register that may slightly diversify its ownership base and alter the mix of major global asset managers on its register, though no additional details on transactions or strategic rationale were disclosed.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
State Street Corporation and a group of its asset management and custody subsidiaries, including State Street Global Advisors entities in the US, Europe and Australia, have lodged a notice that they have ceased to be substantial shareholders in Pantoro Gold Limited as of 6 January 2026. The filing, made under Australian Corporations Act disclosure rules, indicates that the combined holding of these institutional investors has fallen below the substantial shareholder threshold, signalling a reduction in major institutional ownership that may affect Pantoro Gold’s share register composition and could be closely watched by other investors assessing liquidity and institutional support for the stock.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
UBS Group AG and its related bodies corporate have notified Pantoro Gold Limited that they have ceased to be a substantial shareholder as of 30 December 2025, indicating their holdings have fallen below the substantial shareholding threshold. The change in UBS’s position may signal a shift in the company’s institutional investor base and could alter the ownership dynamics and liquidity profile of Pantoro Gold’s shares, with potential implications for market perception of the stock.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
State Street Global Advisors and related State Street Corporation subsidiaries have lodged a notice that they have ceased to be substantial shareholders in Pantoro Gold Limited as of 30 December 2025. The change in holding, disclosed under Australian Corporations Act substantial shareholding rules, indicates a reduction in institutional ownership, which may affect Pantoro Gold’s shareholder base composition and could signal a shift in how large global asset managers are positioning themselves in relation to the company.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
Pantoro Gold Ltd has disclosed that The Northern Trust Company and its related investment management entities have ceased to be substantial holders in the company, following changes in their relevant interests in Pantoro’s fully paid ordinary shares. The notice details adjustments across securities lending and investment management accounts, with Northern Trust’s aggregate holding falling below the substantial shareholding threshold, signalling a shift in the company’s institutional investor base that could modestly affect its shareholder composition and market perception of institutional support.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$7.30 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.