Tolu Minerals
Tolu Minerals Limited is an ASX-listed mineral exploration company focused on gold, silver, and copper projects in Papua New Guinea. The company is refurbishing infrastructure at the Tolukuma Gold Mine to fast-start targeted exploration and is exploring other prospective licenses.
Short position
Tolu Minerals (ASX:TOK) has 0.00% of its shares on issue reported as short positions as of 5 Oct 2026, or about 973 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has been broadly flat. TOK is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Tolu Minerals (TOK) financials
Results, ratios and statements
Latest result
Year to 31 Dec 2025 (FY25) vs FY24, figures in AUD, the reporting currency
- Revenue
- $0M (source: ASX (Markit))vs $0M (source: ASX (Markit)) (FY24)
- ASX (Markit), as at 29 Sep 2026
- NPAT
- −$14.9Mvs −$7.6M (FY24)
- Yahoo Finance, as at 29 Sep 2026
- EPS (diluted)
- −$0.058vs −$0.046 (FY24)
- Yahoo Finance, as at 29 Sep 2026
- Rev YoY
- n/aFY
- EPS YoY
- n/aTTM
- ASX (Markit)
Summary of Half Year Financial Statements 30 June 2026, 11 Sep 2026
Tolu Minerals reported a net loss of $9.1 million for the half-year ended 30 June 2026, a 35% increase from the prior period's loss of $6.7 million, driven by expanded workforce and exploration costs. No dividend was declared. The company is focused on restarting the Tolukuma Gold Mine, with cash reserves of $50.0 million and significant spending on exploration and refurbishment.
Automated summary of the filing; the filing itself is the record.
Key ratios
Year to 31 Dec 2025 (FY); balance sheet at 31 Dec 2025; prices to 9 Oct 2026
- Gross margin
- n/a
- Operating margin
- n/a
- Net margin
- n/a
- FCF margin
- n/a
- ROE
- −18.7%
- ROA
- −16.4%
- FCF conversion
- n/a
- Net cash (excl. leases)
- $46.6M
- Net debt / EBITDA
- n/a
- Current ratio
- 9.1×
- Interest cover
- −32.8×
- Cash dividends paid / net profit
- n/a
- Market cap
- $348.5M
- P/E
- n/a
- P/B
- 3.0×
Ratios use the reporting currency (AUD); market cap is in AUD. Sources: Yahoo Finance and ASX (Markit), as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Revenue | $0M (source: ASX (Markit)) | $0M (source: ASX (Markit)) | $118.4KM (source: ASX (Markit)) | $0M (source: ASX (Markit)) |
| Operating income | −$14.7M | −$7.4M | −$4.7M | −$2.2M |
| EBITDA | −$14.0M | −$7.0M | −$4.5M | −$2.3M |
| EBIT | −$14.5M | −$7.2M | −$4.5M | −$2.3M |
| Interest expense | $446.6K | $384.0K | $378.9K | $533.5K |
| Pretax income | −$14.9M | −$7.6M | −$4.9M | −$2.9M |
| Tax | $0 | $0 | $0 | $0 |
| NPAT | −$14.9M | −$7.6M | −$4.9M | −$2.9M |
| Net interest income | −$91.8K | −$356.6K | −$379.1K | −$533.5K |
| EPS basic | −$0.058 | −$0.046 | −$0.043 | −$0.021 |
| EPS diluted | −$0.058 | −$0.046 | −$0.043 | −$0.021 |
| Shares | 259.1M | 166.9M | 115.0M | 133.4M |
- ASX (Markit)
Financial reports
The company's own filings, newest first
- Half Year Financial Statements 30 June 2026Half Year Results11 Sep 2026via asx_announcements
- Addendum to Annual ReportAnnual Report17 Jun 2026via asx_announcements
- Annual Report to shareholdersAnnual Report31 Mar 2026via asx_announcements
- .doc_file_svg__st0{fill:#fff}DOC250331 Corporate Governance Statement and Appendix 4GFinancial Report31 Dec 2025via crawler
- .doc_file_svg__st0{fill:#fff}DOC250403 Mt Penck Exploration UpdateFinancial Report31 Dec 2025via crawler
- .doc_file_svg__st0{fill:#fff}DOC250227 Plant Hot CommissioningFinancial Report31 Dec 2025via crawler
- .doc_file_svg__st0{fill:#fff}DOC250224 Tolukuma Exploration TargetsFinancial Report31 Dec 2025via crawler
- .doc_file_svg__st0{fill:#fff}DOC250131 Quarterly Report Period Ending 31 December 2024Quarterly Report31 Dec 2025via crawler
- .doc_file_svg__st0{fill:#fff}DOC250120 Update on Key ProjectsFinancial Report31 Dec 2025via crawler
- .doc_file_svg__st0{fill:#fff}DOC240304 Drilling Programme Commenced at Taula and Renewal of EL 2531Financial Report31 Dec 2025via crawler
Showing 10 of 16 reports