Market cap
$8.7m
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 with FY21 - FY26 of published result briefings.
Sections
Snapshot
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
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.
Prices as at close, 27 July 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
0.51x
Market value compared with latest reported equity.
Income and fund shape
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.
Price history
Daily closes use the full available width, with hover and touch readouts against real observations. Expand opens the chart at reading size.
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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Chat
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.
Longitudinal view
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 | $3m | 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% | -25.4% | 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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Revenue growth
Like-period revenue growth where comparable.
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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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Full chartable metric set
Additional verified filing metrics for this company. Each point links back to a published briefing period in the source data contract.
FCF pre-lease
Operating cash flow less capex before leases.
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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.
Archive
Briefing archive
Every published Annolyse briefing for this company appears here in reverse chronological order.
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.
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HY23 · Released 29 November 2022
Equity down 38.7% to NZ$9.6m as NZ$1.0m convertible note debuts
Total assets fell to NZ$11.0m at the lower edge of the historical range ahead of a planned January rights issue.
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FY22 · Released 30 May 2022
Revenue effectively nil leaves NZ$0.5m cash against NZ$0.9m annual burn
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.
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HY22 · Released 29 November 2021
Operating burn widened 40% while cash halved to NZ$0.96m
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.
Read briefing
FY21 · Released 31 May 2021
FY21 loss narrowed sharply but cash reserves fell to NZ$1.1m
Operating cash burn improved, but the junior gold explorer ends FY21 with materially less liquidity to fund permit-area work.
Read briefing
Get notified when NTL publishes
Get the next New Talisman Gold Mines result briefing and five-year history updates by email.