ASX:EVNMetals and Mining
Evolution Mining (ASX:EVN) Shares Ride Record Margins And Cash Flow
Evolution Mining stock came into today on a strong run, up about 38% over the past month and closing at A$15.07, yet the real story sits in the earnings power behind that move. The latest results headline is clear. Record underlying earnings and cash flow, with group earnings before interest, tax, depreciation and amortisation at A$3.2b and underlying net profit after tax at A$1.6b, put profitability and cash generation at the centre of the investment debate.
The short term reaction has been...