Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold/copper concentrates in Australia and Canada.
Evolution Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.76|
|52 Week High||AU$3.27|
|52 Week Low||AU$6.46|
|1 Month Change||4.15%|
|3 Month Change||-10.26%|
|1 Year Change||-32.50%|
|3 Year Change||22.48%|
|5 Year Change||68.61%|
|Change since IPO||81.09%|
Recent News & Updates
Should You Be Adding Evolution Mining (ASX:EVN) To Your Watchlist Today?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|EVN||AU Metals and Mining||AU Market|
Return vs Industry: EVN underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: EVN underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: EVN is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EVN's weekly volatility (5%) has been stable over the past year.
About the Company
Evolution Mining Limited engages in the exploration, mine development, mine operations, and sale of gold and gold/copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. As of June 30, 2021, it operated five gold mines, such as Cowal in New South Wales; Mt Carlton and Mt Rawdon in Queensland; Mungari in Western Australia; and Red Lake in Ontario.
Evolution Mining Fundamentals Summary
|EVN fundamental statistics|
Is EVN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EVN income statement (TTM)|
|Cost of Revenue||AU$1.29b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.19|
|Net Profit Margin||18.52%|
How did EVN perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Evolution Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVN (A$3.76) is trading below our estimate of fair value (A$11.02)
Significantly Below Fair Value: EVN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EVN is poor value based on its PE Ratio (20x) compared to the Australian Metals and Mining industry average (14.6x).
PE vs Market: EVN's PE Ratio (20x) is in line with the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: EVN is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: EVN is overvalued based on its PB Ratio (2.7x) compared to the AU Metals and Mining industry average (2.6x).
How is Evolution Mining forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVN's forecast earnings growth (17% per year) is above the savings rate (1.9%).
Earnings vs Market: EVN's earnings (17% per year) are forecast to grow faster than the Australian market (12.4% per year).
High Growth Earnings: EVN's earnings are forecast to grow, but not significantly.
Revenue vs Market: EVN's revenue (7.7% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: EVN's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EVN's Return on Equity is forecast to be low in 3 years time (12.2%).
How has Evolution Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVN has high quality earnings.
Growing Profit Margin: EVN's current net profit margins (18.5%) are higher than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: EVN has become profitable over the past 5 years, growing earnings by 23.8% per year.
Accelerating Growth: EVN's earnings growth over the past year (14.5%) is below its 5-year average (23.8% per year).
Earnings vs Industry: EVN earnings growth over the past year (14.5%) underperformed the Metals and Mining industry 35.3%.
Return on Equity
High ROE: EVN's Return on Equity (13.6%) is considered low.
How is Evolution Mining's financial position?
Financial Position Analysis
Short Term Liabilities: EVN's short term assets (A$464.4M) exceed its short term liabilities (A$349.4M).
Long Term Liabilities: EVN's short term assets (A$464.4M) do not cover its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: EVN's debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: EVN's debt to equity ratio has increased from 18.6% to 24.1% over the past 5 years.
Debt Coverage: EVN's debt is well covered by operating cash flow (123.8%).
Interest Coverage: EVN's interest payments on its debt are well covered by EBIT (27.4x coverage).
What is Evolution Mining current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVN's dividend (3.19%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: EVN's dividend (3.19%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: EVN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EVN's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.4%), EVN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EVN's dividends in 3 years are forecast to be covered by earnings (53.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Evolution Mining has no CEO, or we have no data on them.
Experienced Management: EVN's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: EVN's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EVN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.
Evolution Mining Limited's employee growth, exchange listings and data sources
- Name: Evolution Mining Limited
- Ticker: EVN
- Exchange: ASX
- Founded: 1998
- Industry: Gold
- Sector: Materials
- Market Cap: AU$7.002b
- Shares outstanding: 1.83b
- Website: https://evolutionmining.com.au
Number of Employees
- Evolution Mining Limited
- 175 Liverpool Street
- Level 24
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.