Pantoro Gold Limited

ASX:PNR Stock Report

Market Cap: AU$938.8m

Pantoro Gold Future Growth

Future criteria checks 6/6

Pantoro Gold is forecast to grow earnings and revenue by 39% and 27.3% per annum respectively. EPS is expected to grow by 39.9% per annum. Return on equity is forecast to be 29.8% in 3 years.

Key information

39.0%

Earnings growth rate

39.88%

EPS growth rate

Metals and Mining earnings growth14.8%
Revenue growth rate27.3%
Future return on equity29.75%
Analyst coverage

Good

Last updated05 Jun 2026

Recent future growth updates

Recent updates

New Narrative Jun 01

High Grade Underground Expansion And Toll Ore Partnerships Will Reshape This Gold Producer

Catalysts About Pantoro Gold Pantoro Gold is a gold producer focused on the Norseman Gold Project, operating a mix of underground and open pit mines and processing third party ore under tolling arrangements. What are the underlying business or industry changes driving this perspective?
New Narrative May 13

Underground Contractor Consolidation And Grade Dependence Will Shape Future Operational Stability

Catalysts About Pantoro Gold Pantoro Gold operates the Norseman Gold Project with a mix of underground and open pit mining and toll treatment arrangements. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 28

High Grade Underground Expansion And Gladstone Development Will Transform Long Term Operations

Catalysts About Pantoro Gold Pantoro Gold is a gold producer focused on the Norseman Gold Project in Western Australia, operating a mix of underground and open pit mines. What are the underlying business or industry changes driving this perspective?
Analysis Article Sep 09

Pantoro Gold Limited's (ASX:PNR) Shares Bounce 29% But Its Business Still Trails The Industry

Pantoro Gold Limited ( ASX:PNR ) shares have continued their recent momentum with a 29% gain in the last month alone...
Analysis Article Jul 24

Pantoro Gold Limited (ASX:PNR) Shares Fly 26% But Investors Aren't Buying For Growth

Pantoro Gold Limited ( ASX:PNR ) shareholders have had their patience rewarded with a 26% share price jump in the last...
Analysis Article May 07

Pantoro Gold Limited (ASX:PNR) Stock Catapults 30% Though Its Price And Business Still Lag The Industry

Pantoro Gold Limited ( ASX:PNR ) shares have continued their recent momentum with a 30% gain in the last month alone...
User avatar
New Narrative Apr 21

Gold producer with strong balance sheet and good upside

Pantoro Ltd is a mid-tier producer in Australia. They are producing around 100,000 oz (Norseman). The Norseman project has a 2 million oz underground (5+ gpt) and 2 million oz open pit (2 gpt) project
Analysis Article Apr 07

Are Investors Undervaluing Pantoro Limited (ASX:PNR) By 48%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Pantoro fair value estimate is AU$4.92 Pantoro is estimated to...
Analysis Article Mar 06

Pantoro Limited (ASX:PNR) Surges 27% Yet Its Low P/S Is No Reason For Excitement

Pantoro Limited ( ASX:PNR ) shares have continued their recent momentum with a 27% gain in the last month alone. The...
Analysis Article Jan 10

The Market Doesn't Like What It Sees From Pantoro Limited's (ASX:PNR) Revenues Yet

You may think that with a price-to-sales (or "P/S") ratio of 3x Pantoro Limited ( ASX:PNR ) is definitely a stock worth...
Analysis Article Sep 08

Even With A 31% Surge, Cautious Investors Are Not Rewarding Pantoro Limited's (ASX:PNR) Performance Completely

Pantoro Limited ( ASX:PNR ) shares have had a really impressive month, gaining 31% after a shaky period beforehand. The...
Analysis Article Jan 13

Pantoro (ASX:PNR) Is Looking To Continue Growing Its Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Earnings and Revenue Growth Forecasts

ASX:PNR - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20288753112884226
6/30/20277382542534006
6/30/20265241731242932
12/31/2025442106109254N/A
9/30/20254008292218N/A
6/30/20253575775182N/A
3/31/20253231550133N/A
12/31/2024289-272485N/A
9/30/2024259-38-942N/A
6/30/2024229-49-41-1N/A
3/31/2024188-47-61-22N/A
12/31/2023147-45-81-43N/A
9/30/2023123-60-81-30N/A
6/30/202399-75-81-17N/A
3/31/202388-65-82-9N/A
12/31/202277-56-84-1N/A
9/30/202275-33-679N/A
6/30/202274-11-4920N/A
3/31/202279-3-3826N/A
12/31/2021854-2832N/A
9/30/2021868-2233N/A
6/30/20218812-1634N/A
3/31/2021889-1233N/A
12/31/2020885-933N/A
9/30/202085-12-1326N/A
6/30/202082-29-1819N/A
3/31/202080-27-1619N/A
12/31/201977-25-1518N/A
9/30/201977-12N/A18N/A
6/30/2019771N/A19N/A
3/31/2019793N/A21N/A
12/31/2018825N/A23N/A
9/30/2018849N/A28N/A
6/30/20188714N/A32N/A
3/31/20188613N/A29N/A
12/31/20178512N/A26N/A
9/30/201774-2N/A23N/A
6/30/201764-16N/A20N/A
3/31/201751-19N/A15N/A
12/31/201639-22N/A11N/A
9/30/201629-14N/A7N/A
6/30/201620-5N/A3N/A
3/31/201612-5N/A1N/A
12/31/20155-5N/A-1N/A
9/30/20152-4N/A-1N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PNR's forecast earnings growth (39% per year) is above the savings rate (3.6%).

Earnings vs Market: PNR's earnings (39% per year) are forecast to grow faster than the Australian market (12% per year).

High Growth Earnings: PNR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PNR's revenue (27.3% per year) is forecast to grow faster than the Australian market (6.1% per year).

High Growth Revenue: PNR's revenue (27.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PNR's Return on Equity is forecast to be high in 3 years time (29.8%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 08:53
End of Day Share Price 2026/06/11 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Pantoro Gold Limited is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David CoatesBell Potter
Tim McCormackCanaccord Genuity
Hugo NicolaciGoldman Sachs