EVN Stock Overview

Engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. More details

EVN fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (18.3x) is below the Australian market (19.2x)

Earnings are forecast to grow 5.4% per year

Earnings grew by 333% over the past year

Risk Analysis

No risks detected for EVN from our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Analyst Price Target

Consensus Narrative from 17 Analysts

Accelerated Mungari Expansion Will Strain Cash Flow But Cowal Extension May Support Future Stability

Key Takeaways Expansion and operational issues at various sites could strain capital, limit revenue growth, and impact earnings and cash flow consistency. Accelerated expenditures and reliance on lower-grade ore underscore operational uncertainties, potentially hindering profit sustainability and increasing financial pressure.

View narrative

AU$5.07

25.5% overvalued

9.42%

Revenue growth p.a.

29 days ago

My Notes

Capture your thoughts, links and company narrative

Evolution Mining Limited Competitors

Northern Star Resources

ASX:NST

AU$20.5b

Perseus Mining

ASX:PRU

AU$4.0b

Gold Road Resources

ASX:GOR

AU$2.8b

Ramelius Resources

ASX:RMS

AU$3.0b

Price History & Performance

Summary of share price highs, lows and changes for Evolution Mining
Historical stock prices
Current Share Price	AU$6.36
52 Week High	AU$6.43
52 Week Low	AU$2.83
Beta	0.96
1 Month Change	7.98%
3 Month Change	25.44%
1 Year Change	116.33%
3 Year Change	51.79%
5 Year Change	57.43%
Change since IPO	206.31%

Evolution Mining (ASX:EVN) Will Pay A Larger Dividend Than Last Year At A$0.07

Feb 15

Evolution Mining Limited Beat Revenue Forecasts By 5.5%: Here's What Analysts Are Forecasting Next

Feb 13

Recent updates

Evolution Mining (ASX:EVN) Will Pay A Larger Dividend Than Last Year At A$0.07

Feb 15

Evolution Mining Limited Beat Revenue Forecasts By 5.5%: Here's What Analysts Are Forecasting Next

Feb 13

Investors Shouldn't Be Too Comfortable With Evolution Mining's (ASX:EVN) Earnings

Aug 21

Evolution Mining Limited Just Recorded A 8.2% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 17

Does Evolution Mining (ASX:EVN) Have A Healthy Balance Sheet?

May 03

Evolution Mining Limited's (ASX:EVN) P/E Is Still On The Mark Following 28% Share Price Bounce

Apr 02

An Intrinsic Calculation For Evolution Mining Limited (ASX:EVN) Suggests It's 30% Undervalued

Mar 06

Shareholder Returns

	EVN	AU Metals and Mining	AU Market
7D	0.3%	-2.1%	-2.5%
1Y	116.3%	-6.9%	7.5%

Return vs Industry: EVN exceeded the Australian Metals and Mining industry which returned -6.9% over the past year.

Return vs Market: EVN exceeded the Australian Market which returned 7.5% over the past year.

Price Volatility

Is EVN's price volatile compared to industry and market?
EVN volatility
EVN Average Weekly Movement	4.2%
Metals and Mining Industry Average Movement	10.2%
Market Average Movement	7.9%
10% most volatile stocks in AU Market	16.3%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: EVN has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: EVN's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Lawrie Conway	evolutionmining.com.au

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. The company also explores for copper and silver deposits. It owns and operates mines, including Cowal in New South Wales; Ernest Henry and Mt Rawdon in Queensland; Mungari in Western Australia; Red Lake in Ontario, Canada; and Northparkes in New South Wales.

Evolution Mining Limited Fundamentals Summary

How do Evolution Mining's earnings and revenue compare to its market cap?
EVN fundamental statistics
Market cap	AU$12.69b
Earnings (TTM)	AU$690.49m
Revenue (TTM)	AU$3.91b

18.3x

P/E Ratio

3.2x

P/S Ratio

Is EVN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EVN income statement (TTM)
Revenue	AU$3.91b
Cost of Revenue	AU$2.65b
Gross Profit	AU$1.26b
Other Expenses	AU$567.90m
Earnings	AU$690.49m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Apr 15, 2025

Earnings per share (EPS)	0.35
Gross Margin	32.20%
Net Profit Margin	17.67%
Debt/Equity Ratio	45.3%

How did EVN perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

35%

Payout Ratio

Does EVN pay a reliable dividends?

See EVN dividend history and benchmarks

When do you need to buy EVN by to receive an upcoming dividend?
Evolution Mining dividend dates
Ex Dividend Date	Mar 04 2025
Dividend Pay Date	Apr 04 2025
Days until Ex dividend	10 days
Days until Dividend pay date	41 days

Does EVN pay a reliable dividends?

See EVN dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/21 07:39
End of Day Share Price	2025/02/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Evolution Mining Limited is covered by 38 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kurt Worden	APP Securities Pty Ltd.
Daniel Morgan	Barrenjoey Markets Pty Limited
Mollie Urquhart	Barrenjoey Markets Pty Limited

EVN Stock Overview

Rewards

Risk Analysis

Accelerated Mungari Expansion Will Strain Cash Flow But Cowal Extension May Support Future Stability

Evolution Mining Limited Competitors

ASX:NST

AU$20.5b

ASX:PRU

AU$4.0b

ASX:GOR

AU$2.8b

ASX:RMS

AU$3.0b

Price History & Performance

Recent News & Updates

Evolution Mining (ASX:EVN) Will Pay A Larger Dividend Than Last Year At A$0.07

First half dividend of AU$0.07 announced

Evolution Mining Limited Provides Production Guidance for the Fiscal Year 2025

First half 2025 earnings released: EPS: AU$0.18 (vs AU$0.052 in 1H 2024)

Evolution Mining Limited Beat Revenue Forecasts By 5.5%: Here's What Analysts Are Forecasting Next

Now 23% overvalued after recent price rise

Recent updates

Evolution Mining (ASX:EVN) Will Pay A Larger Dividend Than Last Year At A$0.07

First half dividend of AU$0.07 announced

Evolution Mining Limited Provides Production Guidance for the Fiscal Year 2025

First half 2025 earnings released: EPS: AU$0.18 (vs AU$0.052 in 1H 2024)

Evolution Mining Limited Beat Revenue Forecasts By 5.5%: Here's What Analysts Are Forecasting Next

Now 23% overvalued after recent price rise

Regis Resources Taps Greenhill for Sale of Ravenswood Gold Mine

Shareholders Should Be Pleased With Evolution Mining Limited's (ASX:EVN) Price

Estimating The Intrinsic Value Of Evolution Mining Limited (ASX:EVN)

Now 21% overvalued after recent price rise

Evolution Reportedly Plans to Sell Mungari Gold Mine

Evolution Mining Limited to Report Q3, 2025 Results on Apr 15, 2025

Now 21% overvalued after recent price rise

Is Evolution Mining (ASX:EVN) A Risky Investment?

Harmony Gold Reportedly Eyes $2 Billion Ravenswood Gold Mine

Price target increased by 9.1% to AU$4.55

Investors Still Waiting For A Pull Back In Evolution Mining Limited (ASX:EVN)

Investor sentiment improves as stock rises 16%

Now 20% undervalued

Executive Chairman recently sold AU$4.3m worth of stock

Investors Shouldn't Be Too Comfortable With Evolution Mining's (ASX:EVN) Earnings

Evolution Mining Limited Just Recorded A 8.2% EPS Beat: Here's What Analysts Are Forecasting Next

Final dividend of AU$0.05 announced

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Does Evolution Mining (ASX:EVN) Have A Healthy Balance Sheet?

Evolution Mining Limited's (ASX:EVN) P/E Is Still On The Mark Following 28% Share Price Bounce

Evolution Mining Limited, Annual General Meeting, Nov 21, 2024

Evolution Mining Limited to Report Q1, 2025 Results on Oct 16, 2024

An Intrinsic Calculation For Evolution Mining Limited (ASX:EVN) Suggests It's 30% Undervalued

Evolution Mining Limited to Report Q4, 2024 Results on Jul 18, 2024

Upcoming dividend of AU$0.02 per share

Consensus EPS estimates fall by 14%

First half dividend of AU$0.02 announced

First half 2024 earnings: EPS and revenues miss analyst expectations

Evolution Mining Limited to Report First Half, 2024 Results on Feb 14, 2024

Evolution Mining Limited to Report Q3, 2024 Results on Apr 17, 2024

Consensus EPS estimates fall by 10%

Investor sentiment deteriorates as stock falls 17%

Evolution Mining Limited to Report Q2, 2024 Results on Jan 17, 2024

New minor risk - Shareholder dilution

Evolution Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 525.000001 million.

Evolution Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 60.000001 million.

Consensus EPS estimates fall by 10%

Executive Chairman recently sold AU$3.7m worth of stock

Upcoming dividend of AU$0.02 per share at 1.2% yield

New minor risk - Profit margin trend

Evolution Mining Limited Declares a Fully Franked Final Dividend for the Year 2023, Payable on 6 October 2023

Full year 2023 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 14%

Investor sentiment improves as stock rises 17%

Insufficient new directors

Consensus EPS estimates fall by 11%

Upcoming dividend of AU$0.02 per share at 1.4% yield

First half 2023 earnings released: EPS: AU$0.055 (vs AU$0.05 in 1H 2022)

Evolution Mining Limited Declares Fully Franked Interim Dividend for the Half-Year Ended December 31, 2022, Payable on June 6, 2023

Evolution Mining Limited to Report Q4, 2023 Results on Jul 20, 2023

Price target increased by 12% to AU$3.20

Evolution Mining Limited Announces Continued Exploration Success At Ernest Henry