Is Evolution Mining (ASX:EVN) A Risky Investment?
May 02
Have your own idea? Try our Stock Screener
Australian (ASX) Metals and Mining Industry Analysis
UpdatedMay 07, 2025
DataAggregated Company Financials
Companies676
- 7D-0.3%
- 3M-3.2%
- 1Y-13.5%
- YTD-0.1%
Last week, the Metals and Mining industry hasn't moved much but Evolution Mining is up 6.8% in that time. Unfortunately though, the industry is down 14% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Australian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 May 2025 | AU$430.5b | AU$205.9b | AU$21.8b | 12.4x | 19.7x | 2.1x |
| Fri, 04 Apr 2025 | AU$410.8b | AU$208.6b | AU$22.3b | 11.9x | 18.4x | 2x |
| Sun, 02 Mar 2025 | AU$432.1b | AU$211.0b | AU$22.7b | 12x | 19x | 2x |
| Tue, 28 Jan 2025 | AU$446.8b | AU$212.3b | AU$21.4b | 12.5x | 20.8x | 2.1x |
| Thu, 26 Dec 2024 | AU$435.6b | AU$213.7b | AU$21.6b | 13x | 20.1x | 2x |
| Sat, 23 Nov 2024 | AU$450.2b | AU$207.6b | AU$20.7b | 11.9x | 21.7x | 2.2x |
| Mon, 21 Oct 2024 | AU$471.1b | AU$203.5b | AU$20.3b | 12.8x | 23.2x | 2.3x |
| Wed, 18 Sep 2024 | AU$429.9b | AU$203.0b | AU$19.8b | 14.5x | 21.7x | 2.1x |
| Fri, 16 Aug 2024 | AU$419.8b | AU$209.9b | AU$21.4b | 12.7x | 19.6x | 2x |
| Sun, 14 Jul 2024 | AU$476.7b | AU$205.7b | AU$20.4b | 14.1x | 23.4x | 2.3x |
| Tue, 11 Jun 2024 | AU$497.0b | AU$210.6b | AU$21.0b | 14.4x | 23.6x | 2.4x |
| Thu, 09 May 2024 | AU$501.6b | AU$211.4b | AU$21.2b | 14.6x | 23.6x | 2.4x |
| Sat, 06 Apr 2024 | AU$493.0b | AU$212.9b | AU$21.3b | 13.1x | 23.1x | 2.3x |
| Mon, 04 Mar 2024 | AU$493.8b | AU$212.6b | AU$22.2b | 13.5x | 22.2x | 2.3x |
| Wed, 31 Jan 2024 | AU$553.7b | AU$222.9b | AU$32.8b | 11.8x | 16.9x | 2.5x |
| Fri, 29 Dec 2023 | AU$592.8b | AU$218.0b | AU$31.7b | 12.5x | 18.7x | 2.7x |
| Sun, 26 Nov 2023 | AU$539.6b | AU$223.1b | AU$32.8b | 10.4x | 16.5x | 2.4x |
| Tue, 24 Oct 2023 | AU$504.8b | AU$229.7b | AU$34.3b | 10x | 14.7x | 2.2x |
| Thu, 21 Sep 2023 | AU$525.3b | AU$225.6b | AU$33.8b | 11.3x | 15.6x | 2.3x |
| Sat, 19 Aug 2023 | AU$519.2b | AU$239.3b | AU$49.6b | 9.9x | 10.5x | 2.2x |
| Mon, 17 Jul 2023 | AU$561.9b | AU$229.7b | AU$47.6b | 10.3x | 11.8x | 2.4x |
| Wed, 14 Jun 2023 | AU$537.0b | AU$231.0b | AU$48.0b | 10x | 11.2x | 2.3x |
| Fri, 12 May 2023 | AU$544.2b | AU$232.0b | AU$48.5b | 9.6x | 11.2x | 2.3x |
| Sun, 09 Apr 2023 | AU$543.1b | AU$233.7b | AU$48.9b | 9.3x | 11.1x | 2.3x |
| Tue, 07 Mar 2023 | AU$563.9b | AU$227.9b | AU$48.3b | 9.7x | 11.7x | 2.5x |
| Thu, 02 Feb 2023 | AU$582.5b | AU$221.6b | AU$51.0b | 12x | 11.4x | 2.6x |
| Sat, 31 Dec 2022 | AU$529.4b | AU$227.6b | AU$52.4b | 10.8x | 10.1x | 2.3x |
| Mon, 28 Nov 2022 | AU$525.8b | AU$228.9b | AU$52.8b | 10.9x | 9.9x | 2.3x |
| Wed, 26 Oct 2022 | AU$472.5b | AU$239.5b | AU$56.1b | 9.6x | 8.4x | 2x |
| Fri, 23 Sep 2022 | AU$470.8b | AU$230.0b | AU$54.1b | 8.7x | 8.7x | 2x |
| Sun, 21 Aug 2022 | AU$498.6b | AU$220.8b | AU$54.4b | 10x | 9.2x | 2.3x |
| Tue, 19 Jul 2022 | AU$421.6b | AU$220.8b | AU$47.4b | 8.3x | 8.9x | 1.9x |
| Thu, 16 Jun 2022 | AU$499.5b | AU$218.6b | AU$46.8b | 9.3x | 10.7x | 2.3x |
| Sat, 14 May 2022 | AU$524.5b | AU$219.2b | AU$47.1b | 10.2x | 11.1x | 2.4x |
Price to Earnings Ratio
11.1x
Current Industry PE
- Investors are optimistic on the Australian Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.7x which is higher than its 3-year average PE of 15.9x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 23% per year over the last three years,
- Revenues have also declined 2.1% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Materials industry?
| AU Market | 1.05% | |
| Materials | -0.14% | |
| Metals and Mining | -0.34% | |
| Aluminum | 8.31% | |
| Gold | 3.58% | |
| Copper | 0.60% | |
| Silver | 0% | 0 |
| Diversified Metals and Mining | -1.32% | |
| Steel | -1.76% | |
| Precious Metals and Minerals | -5.70% | |
Industry PE
- Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 31.6% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 78% over the next 5 years.
- This is better than its past earnings decline of 51% per year.
- In contrast, the Steel industry is expected to see its earnings decline by 7.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EVN Evolution Mining | AU$8.53 | 6.8% +AU$1.1b | 125.1% | PE24.7x | |
| PRU Perseus Mining | AU$3.56 | 6.9% +AU$314.0m | 53.4% | PE8.8x | |
| RMS Ramelius Resources | AU$2.81 | 9.8% +AU$289.7m | 42.3% | PE9.4x | |
| S32 South32 | AU$2.84 | 2.2% +AU$269.6m | -22.2% | PS1.3x | |
| GOR Gold Road Resources | AU$3.29 | 7.5% +AU$249.9m | 106.3% | PE25x |
