Pantoro (ASX:PNR) - Stock Price, News & Analysis

PNR Stock Overview

Engages in the gold mining, processing, and exploration activities in Western Australia.

PNR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 83.4% below our estimate of its fair value

Earnings are forecast to grow 95.15% per year

Risk Analysis

Shareholders have been diluted in the past year

Pantoro Limited Competitors

Regis Resources

ASX:RRL

AU$1.3b

Resolute Mining

ASX:RSG

AU$1.4b

Gold Road Resources

ASX:GOR

AU$1.7b

West African Resources

ASX:WAF

AU$1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Pantoro
Historical stock prices
Current Share Price	AU$0.12
52 Week High	AU$0.13
52 Week Low	AU$0.027
Beta	1.42
11 Month Change	30.68%
3 Month Change	23.66%
1 Year Change	139.58%
33 Year Change	-43.90%
5 Year Change	-46.51%
Change since IPO	-99.59%

Recent updates

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

Sep 06

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

Apr 12

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

Mar 17

Pantoro Limited's (ASX:PNR) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Mar 10

What Type Of Shareholders Own The Most Number of Pantoro Limited (ASX:PNR) Shares?

Feb 01

Is Pantoro's (ASX:PNR) Share Price Gain Of 284% Well Earned?

Dec 09

Shareholder Returns

	PNR	AU Metals and Mining	AU Market
7D	-8.0%	-7.2%	-1.3%
1Y	139.6%	-14.4%	11.0%

Return vs Industry: PNR exceeded the Australian Metals and Mining industry which returned -14.4% over the past year.

Return vs Market: PNR exceeded the Australian Market which returned 11% over the past year.

Price Volatility

Is PNR's price volatile compared to industry and market?
PNR volatility
PNR Average Weekly Movement	9.3%
Metals and Mining Industry Average Movement	11.3%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: PNR's share price has been volatile over the past 3 months.

Volatility Over Time: PNR's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1986	n/a	Paul Cmrlec	www.pantoro.com.au

Pantoro Limited, together with its subsidiaries, engages in the gold mining, processing, and exploration activities in Western Australia. The company explores for gold and silver deposits. It holds interest in the Halls Creek Project that includes the Nicolsons Mine located in Kimberley Region of Western Australia.

Pantoro Limited Fundamentals Summary

How do Pantoro's earnings and revenue compare to its market cap?
PNR fundamental statistics
Market cap	AU$742.21m
Earnings (TTM)	-AU$45.47m
Revenue (TTM)	AU$146.93m

5.1x

P/S Ratio

-16.3x

P/E Ratio

Is PNR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PNR income statement (TTM)
Revenue	AU$146.93m
Cost of Revenue	AU$217.01m
Gross Profit	-AU$70.08m
Other Expenses	-AU$24.61m
Earnings	-AU$45.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.007
Gross Margin	-47.70%
Net Profit Margin	-30.95%
Debt/Equity Ratio	14.7%

How did PNR perform over the long term?

See historical performance and comparison

PNR Stock Overview

Rewards

Risk Analysis

Pantoro Limited Competitors

ASX:RRL

AU$1.3b

ASX:RSG

AU$1.4b

ASX:GOR

AU$1.7b

ASX:WAF

AU$1.5b

Price History & Performance

Recent News & Updates

Pantoro Limited has filed a Follow-on Equity Offering in the amount of AUD 100 million.

Pantoro Limited has completed a Follow-on Equity Offering in the amount of AUD 88.303825 million.

Independent Non-Executive Director recently sold AU$86k worth of stock

Pantoro Limited, Annual General Meeting, May 29, 2024

First half 2024 earnings released: AU$0.003 loss per share (vs AU$0.028 loss in 1H 2023)

Independent Non-Executive Director recently sold AU$350k worth of stock

Recent updates

Pantoro Limited has filed a Follow-on Equity Offering in the amount of AUD 100 million.

Pantoro Limited has completed a Follow-on Equity Offering in the amount of AUD 88.303825 million.

Independent Non-Executive Director recently sold AU$86k worth of stock

Pantoro Limited, Annual General Meeting, May 29, 2024

First half 2024 earnings released: AU$0.003 loss per share (vs AU$0.028 loss in 1H 2023)

Independent Non-Executive Director recently sold AU$350k worth of stock

Price target decreased by 8.0% to AU$0.051

New major risk - Financial position

Consensus estimates of losses per share improve by 11%

Independent Non-Executive Director recently sold AU$155k worth of stock

Consensus estimates of losses per share improve by 28%

New major risk - Financial position

New minor risk - Market cap size

New minor risk - Share price stability

Full year 2023 earnings released: AU$0.037 loss per share (vs AU$0.007 loss in FY 2022)

New minor risk - Financial data availability

Pantoro Limited, Annual General Meeting, Nov 06, 2023

Price target decreased by 57% to AU$0.10

Pantoro Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.

Pantoro Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.

Price target decreased by 36% to AU$0.23

Less than half of directors are independent

First half 2023 earnings released: AU$0.028 loss per share (vs AU$0 in 1H 2022)

Pantoro Limited (ASX:PNR) entered into a implementation deed to acquire Tulla Resources Plc (ASX:TUL) from Tulla Resources Group Pty Limited and others for approximately AUD 140 million.

Beacon Minerals Limited (ASX:BCN) acquired 19.82% stake in Maximus Resources Limited (ASX:MXR) from Pantoro Limited (ASX:PNR) for AUD0.042 per share.

Beacon Minerals Limited (ASX:BCN) agreed to acquire 19.82% stake in Maximus Resources Limited (ASX:MXR) from Pantoro Limited (ASX:PNR) for AUD0.042 per share.

Pantoro Limited has completed a Follow-on Equity Offering in the amount of AUD 28.5 million.

Pantoro Announces Lamboo PGE Drilling Identifies New High Grade Reef System with Nickel and Copper Sulphides

Pantoro Limited Provides Results as It Advances the Phase Two Exploration Drilling Program Targeting the High Grade Mainfield At the Norseman Gold Project

Pantoro Limited Announces First Gold Poured At the Norseman Gold Project

Pantoro Limited, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Pantoro Limited Reports Initial Results from Norseman Lithium JV

An unknown buyer acquired an unknown minority stake in Pantoro Limited (ASX:PNR) from Tulla Resources Group Pty Limited.

Pantoro Limited Provides an Update of Project Construction and Mining Activities At the Norseman Project

Pantoro Limited Provides an Update of Project Construction and Mining Activities At the Norseman Project

Pantoro Limited Announces an Update to the Mineral Resource and Ore Reserve At the Green Lantern Deposit, Part of the Scotia Mining Centre At the Norseman Project

Pantoro Limited Announces Update to the Mineral Resource and Ore Reserve At the Green Lantern Deposit, Part of the Scotia Mining Centre At the Norseman Project

Pantoro Limited Announces Drilling Results from Green Lantern at the Norseman Project

Pantoro Limited to Advise That the Initial 2022 Step Out Drilling at the Lamboo

CEO, MD & Executive Director exercised options to buy AU$55k worth of stock.

Independent Non-Executive Director recently bought AU$84k worth of stock

Pantoro Limited Provides an Update of Project Construction and Mining Activities At the Norseman Project

Pantoro Limited Provides an Update on the PGE Potential on Its Tenure in the Norseman Region

Pantoro Limited Announces 20,000 M Drill Programme Commences at Lamboo PGE Project

Consensus forecasts updated

Pantoro Limited Announces an Update to the Mineral Resource Estimates and Ore Reserve At the Scotia Deposit

First half 2022 earnings: EPS exceeds analyst expectations

Pantoro Limited Announces the Results from the Drilling Completed Late Last Year Prior to the Wet Season

Pantoro Limited Announces Operations Update At Both Its Norseman and Halls Creek Projects

Consensus EPS estimates fall by 17%

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

Pantoro Limited Announces Significant Lamboo PGE Strike Extension

Pantoro Limited Announces Lamboo PGE Drilling to Continue

Full year 2021 earnings released: EPS AU$0.009 (vs AU$0.025 loss in FY 2020)

Pantoro Limited Provide Its Annual Mineral Resource and Ore Reserve Statement

Price target increased to AU$0.27

Pantoro Limited Announces Maiden Mineral Resource Estimate and Ore Reserve at the Green Lantern Deposit, Part of the Scotia Mining Centre at the Norseman Gold Project

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