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Pantoro Gold Limited (AU:PNR)
ASX:PNR
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Pantoro Gold Limited (PNR) AI Stock Analysis

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AU:PNR

Pantoro Gold Limited

(Sydney:PNR)

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Neutral 60 (OpenAI - 5.2)
Rating:60Neutral
Price Target:
AU$2.00
▼(-26.47% Downside)
Action:Reiterated
Date:07/10/26
Overall score is held back mainly by weak technicals (price below key moving averages with negative MACD and subdued RSI/Stoch), despite a solid financial recovery and conservative balance sheet. Valuation is supportive due to a low P/E, but does not fully offset the current negative momentum and historical financial volatility.
Positive Factors
Revenue & Profit Recovery
Sustained revenue growth and materially improved gross and net margins indicate the company is converting higher sales into lasting profitability. This reflects stronger operational execution and cost control, improving resilience and internal funding capacity for development over the next 2–6 months.
Negative Factors
Margin Volatility History
Prior swings in profitability and intermittent losses show margins are not yet consistently stable. That historical volatility weakens earnings predictability and increases execution risk for scaling production, making long-term cash flow forecasts less certain.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue & Profit Recovery
Sustained revenue growth and materially improved gross and net margins indicate the company is converting higher sales into lasting profitability. This reflects stronger operational execution and cost control, improving resilience and internal funding capacity for development over the next 2–6 months.
Read all positive factors

Pantoro Gold Limited (PNR) vs. iShares MSCI Australia ETF (EWA)

Pantoro Gold Limited Business Overview & Revenue Model

Company Description
Operating primarily in Western Australia, Pantoro Limited and its subsidiaries are actively engaged in the exploration, mining, and processing of gold. The company's prospecting efforts extend to both gold and silver deposits. Its flagship asset i...
How the Company Makes Money
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Pantoro Gold Limited Financial Statement Overview

Summary
Solid recovery driven by strong revenue growth (23.59%) and improved profitability (net margin 15.86%, gross margin 26.98%), supported by low leverage (debt-to-equity 0.15). Score is tempered by historical volatility in margins, prior losses, and fluctuating free cash flow despite the latest sharp improvement.
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
65
Positive
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue442.47M357.30M229.43M98.54M73.52M87.79M
Gross Profit165.72M96.40M31.46M-55.02M-1.84M17.25M
EBITDA294.98M162.72M51.22M-55.48M20.74M33.44M
Net Income106.49M56.66M-49.31M-74.64M-10.74M12.00M
Balance Sheet
Total Assets776.66M692.79M560.88M514.91M294.63M221.38M
Cash, Cash Equivalents and Short-Term Investments189.38M151.65M98.12M42.61M52.04M47.38M
Total Debt82.64M78.35M56.12M79.57M56.50M19.82M
Total Liabilities206.87M183.49M147.58M176.69M101.74M65.65M
Stockholders Equity569.79M509.30M413.30M338.22M192.90M155.73M
Cash Flow
Free Cash Flow133.46M75.26M-41.29M-81.08M-49.21M-15.61M
Operating Cash Flow254.16M182.00M-563.17K-17.13M19.74M33.62M
Investing Cash Flow-143.08M-104.17M-11.33M-68.28M-73.63M-51.46M
Financing Cash Flow-27.56M-24.31M67.40M75.98M58.55M42.73M

Pantoro Gold Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price2.72
Price Trends
50DMA
2.35
Positive
100DMA
2.70
Positive
200DMA
3.68
Negative
Market Momentum
MACD
0.11
Positive
RSI
54.89
Neutral
STOCH
52.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PNR, the sentiment is Neutral. The current price of 2.72 is above the 20-day moving average (MA) of 2.64, above the 50-day MA of 2.35, and below the 200-day MA of 3.68, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 54.89 is Neutral, neither overbought nor oversold. The STOCH value of 52.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:PNR.

Pantoro Gold Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
AU$2.99B13.8546.66%100.85%13.66%
78
Outperform
AU$618.97M2.3579.54%161.65%2191.43%
76
Outperform
AU$1.45B5.1456.44%1.91%77.12%829.48%
69
Neutral
AU$758.09M8.5225.37%909.33%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
60
Neutral
AU$1.06B9.9319.74%53.05%
51
Neutral
AU$895.02M-19.74-6.68%6.85%17.55%40.51%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:PNR
Pantoro Gold Limited
2.70
-2.21
-45.01%
AU:OBM
Ora Banda Mining
1.52
0.45
42.06%
AU:FML
Focus Minerals Ltd
2.18
1.49
213.67%
AU:KCN
Kingsgate Consolidated Limited
5.40
2.35
77.11%
AU:SBM
St. Barbara
0.73
0.36
97.30%
AU:BC8
Black Cat Syndicate Ltd.
1.04
-0.08
-7.14%

Pantoro Gold Limited Corporate Events

Pantoro Gold to Brief Investors on Norseman Operations in Quarterly Webinar
Jul 27, 2026
Pantoro Gold Limited has scheduled an investor webinar for shareholders and other stakeholders on Thursday, 30 July 2026, to provide an update on operations at its flagship Norseman Gold Project. The session, to be led by Managing Director Paul Cm...
Pantoro flags risks and limitations in Noosa Mining Conference presentation
Jul 21, 2026
Pantoro Limited has released a presentation for the Noosa Mining Conference that primarily serves as a general information document about the company rather than an offer or solicitation to buy or sell its securities. The company emphasises that t...
Pantoro Gold Targets Higher Output After Norseman Underground Shortfall
Jul 9, 2026
Pantoro Gold reported FY2026 gold production of 77,408 ounces at its Norseman Gold Project, with output hampered by underground contractor underperformance, labour shortages, and ground conditions, while open pit mining remained on plan and substa...
Pantoro Gold Cancels Shares in On-Market Buy-Back
Jul 1, 2026
Pantoro Gold Limited has cancelled 823,932 ordinary fully paid shares on the ASX as part of an on-market buy-back, effective 1 July 2026. The reduction in issued capital signals an effort to optimise the company’s capital structure, potentia...
Pantoro Gold Updates ASX on Ongoing On-Market Share Buy-Back
Jun 24, 2026
Pantoro Gold Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program involving its ordinary fully paid shares. The company reported that a cumulative total of 4,422,878 shares had been bought ...
Pantoro Gold Reports Daily Progress on On-Market Share Buy-Back
Jun 23, 2026
Pantoro Gold Limited has updated the market on its ongoing on-market share buy-back program, confirming that it repurchased a total of 4,385,578 ordinary fully paid shares prior to the latest trading day. The company reported that a further 37,300...
UBS exits substantial shareholder position in Pantoro Gold
Jun 22, 2026
UBS Group AG and its related bodies corporate have notified Pantoro Gold Limited that they have ceased to be a substantial shareholder in the company as of 18 June 2026. The change, lodged under Australian Corporations Law disclosure rules, signal...
Pantoro Gold Steps Up On-Market Buy-Back With Over 4.3m Shares Repurchased
Jun 22, 2026
Pantoro Gold Limited has provided an updated notification on its on-market share buy-back program, confirming that it repurchased a total of 36,152 ordinary fully paid shares on the previous trading day, bringing the cumulative total bought back t...
Pantoro Gold Updates Market on Progress of On‑Market Share Buy‑Back
Jun 19, 2026
Pantoro Gold Limited, an Australian gold miner listed on the ASX under code PNR, is engaged in gold production and exploration activities aimed at delivering returns to shareholders. The company focuses on managing its capital structure while oper...
Pantoro Gold Corrects Daily Disclosure on On‑Market Share Buy‑Back
Jun 16, 2026
Pantoro Gold Limited has issued an updated notification regarding its on-market share buy-back of ordinary fully paid shares on the ASX, correcting details previously reported for 15 June 2026. The company states that a total of 4,313,046 securiti...
Pantoro Gold Updates Market on Ongoing On‑Market Share Buy‑Back
Jun 9, 2026
Pantoro Gold Limited has provided an update on its on‑market share buy‑back program for its ordinary fully paid shares. The company reported that a total of 4,149,246 shares had been repurchased prior to the most recent trading day, wi...
Pantoro Gold issues daily update on ongoing on-market share buy-back
Jun 5, 2026
Pantoro Gold Limited has provided an updated notification regarding its on-market share buy-back program for its ordinary fully paid shares. The company reported that a total of 4,112,052 shares had been repurchased prior to the latest trading day...
Pantoro Gold Updates Investors on Ongoing On-Market Share Buy-Back
Jun 3, 2026
Pantoro Gold Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares listed on the ASX under ticker PNR. The latest notification, dated 3 June 2026, confirms the company is continuing to actively r...
Pantoro Gold Logs Daily Progress in Ongoing On-Market Share Buy-Back
Jun 2, 2026
Pantoro Gold Limited has issued an updated notification to the ASX outlining progress under its on-market share buy-back program for ordinary fully paid shares. The company reported that a total of 3,968,154 shares had been repurchased before the ...
Pantoro Gold Cancels 1.45 Million Shares in On-Market Buy-Back
Jun 2, 2026
Pantoro Gold Limited has cancelled 1,450,817 ordinary fully paid shares on 2 June 2026 as part of an on-market share buy-back. The reduction in issued capital is likely aimed at optimizing the company’s capital structure and may marginally e...
Pantoro Gold Updates Daily On-Market Share Buy-Back Activity
Jun 1, 2026
Pantoro Gold Limited has provided an update on its on-market share buy-back program, confirming that a total of 3,803,338 ordinary fully paid shares had been repurchased prior to the latest reporting day. The company reported that a further 164,81...
Pantoro Gold updates market on progress of on‑market share buy‑back
May 29, 2026
Pantoro Gold Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that, as of 29 May 2026, it had repurchased a cumulative total of ...
Pantoro Gold Updates Market on Ongoing On-Market Share Buy-Back
May 28, 2026
Pantoro Gold Limited has updated the market on its ongoing on-market share buy-back of ordinary fully paid shares, conducted under ASX code PNR. The company reported that a total of 3,471,109 shares had been repurchased before the previous day, wi...
Pantoro Gold updates market on ongoing on‑market share buy‑back
May 24, 2026
Pantoro Gold Limited has provided an updated notification to the ASX regarding its ongoing on‑market share buy‑back of ordinary fully paid shares. The company reported that a total of 3,465,976 shares had been repurchased prior to the ...
Pantoro Gold Updates Daily On-Market Share Buy-Back Activity
May 22, 2026
Pantoro Gold Limited, an Australian gold miner listed on the ASX as PNR, operates in the gold production and exploration industry and targets investors seeking exposure to precious metals and resource development projects.The company has provided ...
Pantoro outlines risk and disclosure framework ahead of Europe and U.S. investor outreach
May 12, 2026
Pantoro Limited has released a presentation ahead of a Europe roadshow and participation in a Canaccord USA conference, positioning the document as general information rather than a full account of its operations. The company stresses that the mat...
Pantoro flags high-grade Racetrack gold discovery to boost Norseman output
May 10, 2026
Pantoro Gold has reported a significant high-grade gold discovery at the Racetrack target within the Norseman Mainfield, where wide-spaced drilling has defined a mineralised zone over 400 metres of strike and down to 600 metres depth. Located just...
Pantoro Gold Updates Daily On‑Market Share Buy‑Back Activity
May 5, 2026
Pantoro Gold Limited has provided an update on its on‑market share buy‑back program for its ordinary fully paid shares traded under the ASX code PNR. The company reported that it has repurchased a cumulative total of 2,926,246 shares p...
Pantoro Gold Issues Daily Update on On-Market Share Buy-Back
May 4, 2026
Pantoro Gold Limited has provided an updated notification regarding its on-market share buy-back of ordinary fully paid shares listed on the ASX under the code PNR. The update, dated 4 May 2026, forms part of the company’s ongoing capital ma...
Pantoro Gold Updates Progress of On-Market Share Buy-Back
May 3, 2026
Pantoro Gold Limited has disclosed an update on its ongoing on-market share buy-back program for its ordinary fully paid shares listed on the ASX. The company reported that it repurchased 150,000 shares on the previous trading day, bringing the to...
Pantoro Gold Continues On‑Market Share Buy-Back With Daily Repurchases
Apr 30, 2026
Pantoro Gold Limited has updated the market on progress of its on‑market share buy-back program, confirming the continued repurchase of its ordinary fully paid shares. The latest notification shows that a total of 2,516,459 shares had been b...
Pantoro Gold Cancels 1.17 Million Shares in On-Market Buy-Back
Apr 30, 2026
Pantoro Gold Limited has announced the cessation of 1,168,480 ordinary fully paid shares from its issued capital. The shares were cancelled as part of an on-market buy-back completed on 30 April 2026, marginally reducing the company’s share ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 10, 2026