Pantoro Gold Limited

ASX:PNR Stock Report

Market Cap: AU$2.5b

Pantoro Gold Management

Management criteria checks 4/4

Pantoro Gold's CEO is Paul Cmrlec, appointed in Apr 2011, has a tenure of 14.5 years. total yearly compensation is A$3.03M, comprised of 17.1% salary and 82.9% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth A$5.66M. The average tenure of the management team and the board of directors is 11 years and 3.8 years respectively.

Key information

Paul Cmrlec

Chief executive officer

AU$3.0m

Total compensation

CEO salary percentage17.14%
CEO tenure14.5yrs
CEO ownership0.2%
Management average tenure11yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

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

Sep 09
Pantoro Gold Limited's (ASX:PNR) Shares Bounce 29% But Its Business Still Trails The Industry

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

Jul 24
Pantoro Gold Limited (ASX:PNR) Shares Fly 26% But Investors Aren't Buying For Growth

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

May 07
Pantoro Gold Limited (ASX:PNR) Stock Catapults 30% Though Its Price And Business Still Lag The Industry
User avatar

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

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

Apr 07
Are Investors Undervaluing Pantoro Limited (ASX:PNR) By 48%?

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

Mar 06
Pantoro Limited (ASX:PNR) Surges 27% Yet Its Low P/S Is No Reason For Excitement

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

Jan 10
The Market Doesn't Like What It Sees From Pantoro Limited's (ASX:PNR) Revenues Yet

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

Sep 08
Even With A 31% Surge, Cautious Investors Are Not Rewarding Pantoro Limited's (ASX:PNR) Performance Completely

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

Jan 13
Pantoro (ASX:PNR) Is Looking To Continue Growing Its Returns On Capital

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

Sep 06
Pantoro (ASX:PNR) Is Looking To Continue Growing Its Returns On Capital

There's Been No Shortage Of Growth Recently For Pantoro's (ASX:PNR) Returns On Capital

Apr 12
There's Been No Shortage Of Growth Recently For Pantoro's (ASX:PNR) Returns On Capital

Pantoro's (ASX:PNR) Solid Profits Have Weak Fundamentals

Mar 17
Pantoro's (ASX:PNR) Solid Profits Have Weak Fundamentals

CEO Compensation Analysis

How has Paul Cmrlec's remuneration changed compared to Pantoro Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$3mAU$520k

AU$57m

Mar 31 2025n/an/a

AU$15m

Dec 31 2024n/an/a

-AU$27m

Sep 30 2024n/an/a

-AU$38m

Jun 30 2024AU$1mAU$508k

-AU$49m

Mar 31 2024n/an/a

-AU$47m

Dec 31 2023n/an/a

-AU$45m

Sep 30 2023n/an/a

-AU$60m

Jun 30 2023AU$891kAU$480k

-AU$75m

Mar 31 2023n/an/a

-AU$65m

Dec 31 2022n/an/a

-AU$56m

Sep 30 2022n/an/a

-AU$33m

Jun 30 2022AU$863kAU$468k

-AU$11m

Mar 31 2022n/an/a

-AU$3m

Dec 31 2021n/an/a

AU$4m

Sep 30 2021n/an/a

AU$8m

Jun 30 2021AU$749kAU$480k

AU$12m

Mar 31 2021n/an/a

AU$9m

Dec 31 2020n/an/a

AU$5m

Sep 30 2020n/an/a

-AU$12m

Jun 30 2020AU$731kAU$480k

-AU$29m

Mar 31 2020n/an/a

-AU$27m

Dec 31 2019n/an/a

-AU$25m

Sep 30 2019n/an/a

-AU$12m

Jun 30 2019AU$471kAU$130k

AU$833k

Compensation vs Market: Paul's total compensation ($USD2.00M) is about average for companies of similar size in the Australian market ($USD1.59M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

CEO

Paul Cmrlec

14.5yrs
Tenure
AU$3,034,236
Compensation

Mr. Paul Mathew Cmrlec, BEng (Mining), Honours, MAusIMM, served as Non-Executive Director at Maximus Resources Limited since October 18, 2021 until January 27, 2023. He has been Managing Director of Pantor...

Leadership Team

NamePositionTenureCompensationOwnership
Paul Cmrlec
CEO, MD & Executive Director14.5yrsAU$3.03m0.23%
A$ 5.7m
Scott Balloch
Chief Financial Officer11yrsAU$2.03m0.084%
A$ 2.1m
Scott Huffadine
Chief Operating Officer9.6yrsAU$2.13m0.12%
A$ 2.9m
David Okeby
Company Secretary11yrsAU$1.99m0.091%
A$ 2.3m
11.0yrs
Average Tenure

Experienced Management: PNR's management team is seasoned and experienced (11 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Paul Cmrlec
CEO, MD & Executive Director15.3yrsAU$3.03m0.23%
A$ 5.7m
Fiona Van Maanen
Independent Non-Executive Director5.2yrsAU$102.58k0.0036%
A$ 88.5k
Kevin Maloney
Non-Executive Director2.3yrsAU$95.89k0.24%
A$ 6.0m
Mark Maloney
Non-Executive Director2.3yrsAU$109.27k0.24%
A$ 5.9m
Stuart Mathews
Independent Non-Executive Directorless than a yearAU$39.57k0.0075%
A$ 185.6k
Wayne Zekulich
Independent Non-Executive Chairman6yrsAU$151.64k0.0097%
A$ 241.3k
3.8yrs
Average Tenure
58.5yo
Average Age

Experienced Board: PNR's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/04 08:09
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
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

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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 7 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