Market cap
$5.6m
End-of-day close multiplied by current shares on issue.
NTL · NZX
New Talisman Gold Mines (NTL)
Construction & Materials / MiningCovered: FY21 - FY2610 published briefings
New Talisman Gold Mines is an NZX-listed construction & materials / mining company. Its latest covered result is FY26, with FY21 - FY26 of source-backed result history on Annolyse.
Sections
Latest result
Latest metrics
FY26, released 29 May 2026
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| Metric | Value | Change |
|---|---|---|
| Revenue | $0.05m | ↓ -99.8% |
| Operating profit | -$2.2m | ↓ -153.8% |
| NPAT | -$2.3m | ↓ -157.5% |
| Operating cash flow | -$2m | ↓ -27.0% |
| OCF / Operating profit % | 89.0% | ↑ +126.7pp |
| ROE % | -13.3% | ↓ -39.2pp |
| PBT | -$2.2m | — |
| FCF pre-lease | -$3m | — |
| Debtor days | 433 | — |
| Total assets | $17.9m | ↑ +7.3% |
Source: latest published briefing (FY26, released 29 May 2026). Change compares against the prior equivalent period: FY25, released 30 May 2025.
Valuation
Valuation
Trailing P/E, EV/EBITDA, price-to-book and price-to-free-cash-flow ratios combine the latest available close with filing data. They are comparative measures, not forecasts or recommendations.
Prices as at close, 18 September 2026
Price and market cap
The latest close and share count context for the market price.
i
Profitability multiples
How the market price compares with recent earnings and cash-flow inputs.
P/E
Not available
Not meaningful when recent earnings are negative.
EPS
-0.00
Recent filing-derived earnings per share.
PEG
Not available
Not available for this company right now.
EV/EBITDA
Not available
Not meaningful when recent EBITDA is negative.
P/FCF
Not available
Not meaningful when free cash flow is negative or unavailable.
P/B
0.33x
Market value compared with latest reported equity.
Income and investment-company measures
Yield and investment-company valuation where supported.
Dividend yield
0.0%
Trailing dividends compared with the latest close.
Total return
Not available
Available once dividend and adjustment data are verified.
Price history
Daily closes use the full available width, with hover and touch values for each observation. Expand the chart to see more detail.
Share price
Five years of daily closes, as at close, 5 June 2026. Weekends, suspensions, and listing gaps stay as natural gaps in the time scale.
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P/E over time
Filing-period markers only: EOD close on or before each release date divided by filing-derived trailing NPAT where both inputs verify.
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Ask about NTL
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.
Ask about NTL
Informational only. No buy, sell, hold, price-target, or personal financial advice.
Financial history
Performance over time
The latest period is shown first.
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| Metric | FY2612 MONTHS29 May 2026 | 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 | $0.05m | $4.8m | $24m | $0m | $0.04m | $0.01m | $0.39m | $1m | $0.66m | $0m | Chart |
| Revenue growth % | 120.8% | — | -44.2% | -100.0% | -100.0% | 432.3% | -40.5% | -100.0% | -24.9% | -100.0% | Chart |
| Operating profit | -$2.2m | -$1.1m | $4.1m | -$0.84m | -$0.86m | -$1.1m | -$0.67m | -$1.1m | -$0.53m | -$0.76m | Chart |
| Operating profit margin % | n/m | -22.7% | 17.1% | — | n/m | n/m | -168.8% | -106.3% | -79.3% | n/m | Chart |
| PBT | -$2.2m | — | — | -$0.93m | — | — | — | — | — | — | Chart |
| NPAT | -$2.3m | -$1.1m | $4m | -$0.93m | -$1.3m | -$1.2m | -$0.66m | -$1.1m | -$0.53m | — | Chart |
| Operating cash flow | -$2m | -$1m | -$1.6m | -$0.86m | -$0.88m | -$1.1m | -$0.5m | -$0.89m | -$0.5m | -$0.7m | Chart |
| OCF / Operating profit % | 89.0% | 91.2% | -37.7% | 101.9% | 102.3% | 100.0% | 75.0% | 83.6% | 95.6% | 91.5% | Chart |
| FCF pre-lease | -$3m | — | — | -$1.4m | — | — | — | — | — | — | Chart |
| DPS | — | — | — | — | 0.0c | 0.0c | — | 0.0c | — | — | Chart |
| ROE % | -13.3% | -6.8% | 25.9%Unprecedented high roe. 25.9%; 4-period range -15.3% to -7.2%. ROE: 25.9%, unprecedented high; 4-period mean -11.7%, range -15.3%--7.1%. | -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 -13.3% to 25.9%. ROE: -15.3%, below normal range; 4-period mean -1.4%, range -13.3%-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%. | — | Chart
|
| Net debt | — | -$498.9m | -$0.61m | — | $1.1m | -$0.99m | $0.03m | — | — | — | Chart |
| Net debt / Operating profit | — | n/m | n/m | — | n/m | 0.87x | n/m | — | — | — | Chart |
| Debtor days | 433 | — | — | — | — | — | — | — | — | — | — |
| Inventory days | — | n/m | n/m | — | n/m | n/m | 291 | n/m | n/m | — | Chart |
| Total assets | $17.9m | $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.
Filing-only history charts
These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.
Revenue
Reported revenue across covered periods.
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EBITDA-equivalent
Company-specific earnings measure where disclosed.
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EBITDA margin
EBITDA-equivalent margin where revenue and earnings are source-backed.
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NPAT
Statutory profit after tax.
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Operating cash flow
Cash generated from operations.
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FCF pre-lease
Operating cash flow less capex before leases.
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More financial metrics
Additional filing-backed metrics for this company. Each point links to the relevant published briefing.
ROE
Return on equity.
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- FY24 NTL FY: Outside range low roe. -15.3%; 4-period range -13.3% to 25.9%. ROE: -15.3%, below normal range; 4-period mean -1.4%, range -13.3%-25.9%.
- FY25 NTL FY: Unprecedented high roe. 25.9%; 4-period range -15.3% to -7.2%. ROE: 25.9%, unprecedented high; 4-period mean -11.7%, range -15.3%--7.1%.
- HY22 NTL HY: 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%.
- HY25 NTL HY: 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%.
Net debt
Borrowings less cash; negative values indicate net cash.
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DPS
Dividend per share declared for the period.
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Debtor days
Receivables days where the working-capital inputs are source-backed.
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Inventory days
Inventory days where the working-capital inputs are source-backed.
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Operating working-capital movement
Per-period working-capital absorption or release, from the same published history. Positive values are working-capital build; negative values are release.
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The setup & the reality
HY26 → FY26 Follow-through
The latest result is checked against what the prior briefing said to watch.
Historical setup
What HY26 said to watch
Previous analysisHY26Result releasedAnnolyse analysis published
From Mining suspended at Mystery as cash falls 59% to NZ$499k
No forward targets or quantitative guidance are disclosed. The supplied second-half shape context is not usable as a forecast: HY25 represented -23.1% of FY25 NPAT because FY25 NPAT swung to a reported positive NZ$4.0m off an HY25 loss of NZ$0.93m, which implies H2 FY25 carried a large non-trading item rather than a recurring earnings step-up. With Mystery mining suspended pending board approval of a revised workplan, no production trajectory for H2 FY26 can be inferred from the release. The relevant near-term reads will be the timing of recommencement, any update on grade and cost assumptions, and any further capital-raising step — none of which are time-bound in this announcement.
Open questions
Open questions from HY26
- What were the size, pricing, and use of proceeds of the equity raise that lifted total equity by NZ$6.2m, and how was the prior convertible note settled?
- How many months of runway does NZ$499k represent given the current ~NZ$1.0m half-year operating burn, and what is the next funding step?
- When does the board expect to approve a revised Mystery workplan, and what grade and cost thresholds must it satisfy to justify recommencement?
- Why did initial Mystery grades fall below expectations, and does the technical re-analysis change the resource view?
- Is there a going-concern qualification or sensitivity attached to this preliminary release that investors should be aware of?
This briefing cannot assess going-concern adequacy, the terms of the implied capital raise, or the economics of any restarted Mystery production, none of which are quantified in the release.
Latest result sources
Primary issuer documents used for the FY26 briefing. Document labels are preserved from the publication record; Annolyse does not relabel every financial report as an annual report.
Current period
Preliminary Results for the Year Ended 31 March 2026
FY26 / financial reportPrior comparable period
Annual Report to Shareholders for the Year Ended 31 March 2025
FY25 / financial reportInterim context
Half Year Preliminary Results to 30 Sept 2025
HY26 / financial reportRelease context
Market Update
FY25 / commentaryNTL Market Update - Technical Progress and Modelling Advances
FY26 / commentaryMarket Update
HY26 / commentaryPeer context
Other covered Construction & Materials companies
These companies share a broad sector but may not be direct peers. Compare them only where the underlying measures are genuinely comparable.
Archive
Briefing archive
The full chronological archive contains every published result briefing.
FY26 · Released 29 May 2026
PBT swung to a $2.2m loss as FY25's impairment reversal dropped out
Operating cash outflow widened to NZ$2.0m, showing a cash-hungry gold explorer behind a distorted profit swing.
Read briefing
HY26 · Released 28 November 2025
Mining suspended at Mystery as cash falls 59% to NZ$499k
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%.
Read briefing
FY25 · Released 30 May 2025
NPAT swung to NZ$4.0m profit while operating cash burn widened to NZ$1.5m
Reported earnings turned positive despite negligible revenue and a deeper operating cash outflow, leaving the cash story unchanged from prior years.
Read briefing
HY25 · Released 21 November 2024
Cash burn accelerated 71.8% as NPAT loss widened 40.6%
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.
Read briefing
FY24 · Released 30 May 2024
Cash fell to $0.6m as NTL's mine-permit decision slipped to June 2024
Operating losses were broadly stable, but a $1.7m convertible note and depleted cash leave NTL dependent on a delayed regulator decision.
Read briefing
FY23 · Released 30 May 2023
NTL FY23: equity contracted NZ$4.1m while cash burn widened
The equity drawdown far exceeded the NZ$1.2m NPAT loss, pointing to balance-sheet movements that trading performance alone cannot explain.
Read briefing
Get notified when NTL publishes
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