Market cap
$9.5m
End-of-day close multiplied by current shares on issue.
NTL · NZX
New Talisman Gold Mines is an NZX-listed construction & materials / mining company with FY21 - HY26 of published result briefings.
Snapshot
HY26, released 28 November 2025
| Metric | Value | Change |
|---|---|---|
| Revenue | $4.8m | — |
| Operating profit | -$1.1m | ↓ -31.2% |
| NPAT | -$1.1m | ↓ -15.0% |
| Operating cash flow | -$1m | ↓ -17.4% |
| OCF / Operating profit % | 91.2% | ↓ -10.7pp |
| Net debt | -$498.9m | ↓ -47691.7% |
| Net debt / Operating profit | 452.35x | ↑ +36379.8% |
| ROE % | -6.8% | ↑ +2.6pp |
| PBT | -$1.1m | ↓ -15.0% |
| Inventory days | 5535 | — |
Source: latest published briefing (HY26, released 28 November 2025). Change compares against the prior equivalent period: HY25, released 21 November 2024.
Valuation
A compact read on what the market price implies next to the latest filing data. The numbers are a starting point for comparison, not a recommendation.
The latest close and share count context for the market price.
Market cap
$9.5m
End-of-day close multiplied by current shares on issue.
How the market price compares with recent earnings and cash-flow inputs.
P/E
2.47x
Recent market cap compared with trailing earnings.
EPS
0.00
Recent filing-derived earnings per share.
PEG
Not available
Not available for this company right now.
EV/EBITDA
n/m
Enterprise value compared with recent EBITDA.
P/FCF
Not available
Not available for this company right now.
P/B
0.59x
Market value compared with latest reported equity.
Yield and fund-style valuation where the company shape supports it.
Dividend yield
0.0%
Trailing dividends compared with the latest close.
Total return
Not available
Available once dividend and adjustment data are verified.
Daily closes use the full available width, with hover and touch readouts against real observations. Expand opens the chart at reading size.
Five years of daily closes, as at close, 5 June 2026. Weekends, suspensions, and listing gaps stay as natural gaps in the time scale.
Indexed lines compare direction from the first positive comparable filing point. The axis is an index, not dollars or cents.
Chat
Ask follow-up questions about New Talisman Gold Mines's latest result and company history.
Informational only. No buy, sell, hold, price-target, or personal financial advice.
Informational only. No buy, sell, hold, price-target, or personal financial advice.
Longitudinal view
The latest period is shown first.
| Metric | HY266 MONTHS28 November 2025 | FY2512 MONTHS30 May 2025 | HY256 MONTHS21 November 2024 | FY2412 MONTHS30 May 2024 | FY2312 MONTHS30 May 2023 | HY236 MONTHS29 November 2022 | FY2212 MONTHS30 May 2022 | HY226 MONTHS29 November 2021 | FY2112 MONTHS31 May 2021 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8m | $24m | $0m | $0.04m | $0.01m | $0.39m | $1m | $0.66m | $3m | Chart |
| Revenue growth % | — | -44.2% | -100.0% | -99.3% | 432.3% | -40.5% | -100.0% | -24.9% | -100.0% | Chart |
| Operating profit | -$1.1m | $4.1m | -$0.84m | -$0.86m | -$1.1m | -$0.67m | -$1.1m | -$0.53m | -$0.76m | Chart |
| Operating profit margin % | -22.7% | 17.1% | — | n/m | n/m | -168.8% | -106.3% | -79.3% | -25.4% | Chart |
| PBT | -$1.1m | — | -$0.93m | — | -$1.2m | — | — | -$0.53m | -$0.76m | Chart |
| NPAT | -$1.1m | $4m | -$0.93m | -$1.3m | -$1.2m | -$0.66m | -$1.1m | -$0.53m | -$0.8m | Chart |
| Operating cash flow | -$1m | -$1.6m | -$0.86m | -$0.88m | -$1.1m | -$0.5m | -$0.89m | -$0.5m | -$0.7m | Chart |
| OCF / Operating profit % | 91.2% | -37.7% | 101.9% | 102.3% | 100.0% | 74.9% | 83.6% | 95.6% | 91.5% | Chart |
| FCF pre-lease | — | — | -$1.4m | — | -$1.2m | — | — | — | — | Chart |
| DPS | — | — | — | 0.0c | 0.0c | — | 0.0c | — | — | Chart |
| ROE % | -6.8% | 25.9%Unprecedented high roe. 25.9%; 4-period range -15.3% to -5%. ROE: 25.9%, unprecedented high; 4-period mean -9.6%, range -15.3%--5.0%. | -9.3%Outside range low roe. -9.3%; 3-period range -6.9% to -3.4%. ROE: -9.3%, below normal range; 3-period mean -5.7%, range -6.9%--3.4%. | -15.3%Outside range low roe. -15.3%; 4-period range -11.1% to 25.9%. ROE: -15.3%, below normal range; 4-period mean 0.7%, range -11.1%-25.9%. | -11.1% | -6.9% | -7.2% | -3.4%Outside range high roe. -3.4%; 3-period range -9.3% to -6.8%. ROE: -3.4%, above normal range; 3-period mean -7.7%, range -9.3%--6.7%. | -5.0% | Chart
|
| Net debt | -$498.9m | -$0.61m | -$1m | $1.1m | -$0.99m | $33.1m | — | — | — | Chart |
| Net debt / Operating profit | 452.35x | -0.15x | 1.24x | -1.33x | 0.87x | -49.8x | — | — | — | Chart |
| Inventory days | 5535 | 0 | — | 0 | 18077 | 291143 | 114704 | 173279 | — | Chart |
| Total assets | $17.1m | $16.7m | $10.8m | $9.6m | $12m | $11m | $15.2m | $15.9m | $15.4m | Chart |
Reference: annolyse.ai/companies/ntl
Note: Figures are shown as reported. Half-year and full-year absolute values are not directly comparable. Growth rates and ratios are the meaningful comparison across mixed periods.
These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.
Reported revenue across covered periods.
Like-period revenue growth where comparable.
Company-specific earnings measure where disclosed.
EBITDA-equivalent margin where revenue and earnings are source-backed.
Statutory profit after tax.
Cash generated from operations.
Additional verified filing metrics for this company. Each point links back to a published briefing period in the source data contract.
Cash conversion against earnings.
Operating cash flow less capex before leases.
Return on equity.
Borrowings less cash; negative values indicate net cash.
Leverage ratio, suppressed where earnings are not meaningful.
Dividend per share declared for the period.
Per-period working-capital absorption or release, from the same published history. Positive values are working-capital build; negative values are release.
The setup & the reality
The latest result is checked against what the prior briefing said to watch.
Historical setup
From NPAT swung to NZ$4.0m profit while operating cash burn widened to NZ$1.5m
No stated targets or quantified forward guidance accompany the release. Commentary frames the Terra Firma plant as ready to process volumes and refers to "anticipated revenue generated from concentrate produced from our own plant", but does not commit to a production rate or timing.
The interim-to-full-year shape is unusual: HY25 NPAT was a loss of roughly NZ$0.9m, so the full-year NZ$4.0m profit requires a second-half positive swing of close to NZ$5m. With H2 revenue still negligible, that swing almost certainly reflects a non-operating item booked in the second half rather than a step-change in trading. This matters because it caps how much weight the FY25 print should carry as a baseline.
Open questions
This briefing cannot assess the specific accounting driver of the NPAT swing because the supplied release excerpts do not disclose the underlying non-operating item or its valuation basis.
Archive
Every published Annolyse briefing for this company appears here in reverse chronological order.
HY26 · Released 28 November 2025
NTL paused production after grades disappointed, leaving a NZ$0.5m cash balance against a NZ$1.0m half-year operating outflow that deepened 17.4%.
FY25 · Released 30 May 2025
Reported earnings turned positive despite negligible revenue and a deeper operating cash outflow, leaving the cash story unchanged from prior years.
HY25 · Released 21 November 2024
The pre-revenue gold explorer added a processing plant, leaving NZ$1.2m cash against a half-year free cash burn of NZ$1.4m.
FY24 · Released 30 May 2024
Operating losses were broadly stable, but a $1.7m convertible note and depleted cash leave NTL dependent on a delayed regulator decision.
FY23 · Released 30 May 2023
The equity drawdown far exceeded the NZ$1.2m NPAT loss, pointing to balance-sheet movements that trading performance alone cannot explain.
HY23 · Released 29 November 2022
Total assets fell to NZ$11.0m at the lower edge of the historical range ahead of a planned January rights issue.
FY22 · Released 30 May 2022
Operating cash outflow of NZ$0.9m on revenue of NZ$1,191 leaves the explorer reliant on future capital raises to fund continuing exploration losses.
HY22 · Released 29 November 2021
A junior gold explorer's cash dropped 48.9% year-on-year as half-year operating outflow worsened to NZ$0.5m, sharpening runway pressure.
FY21 · Released 31 May 2021
Operating cash burn improved, but the junior gold explorer ends FY21 with materially less liquidity to fund permit-area work.
Get the next New Talisman Gold Mines result briefing and five-year history updates by email.