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Evolution Mining ( (AU:EVN) ) just unveiled an announcement.
Evolution Mining has clarified previous announcements regarding its exploration updates and mine life extensions. The company highlighted encouraging results from its Mungari and Northparkes operations, with an extended mine life at Mungari to 2038+ and Ernest Henry to 2040. However, Evolution retracted a statement about Northparkes’ ~80-year endowment due to a lack of reasonable basis under ASX rules, advising investors not to rely on this information for investment decisions.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$7.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
More about Evolution Mining
Evolution Mining is a leading global gold mining company operating six mines, including five wholly-owned mines in Australia and Canada, and an 80% share in Northparkes, New South Wales. The company is focused on gold and copper production, with a financial year 2026 production guidance of 710,000 – 780,000 ounces of gold and 70,000 – 80,000 tonnes of copper.
Average Trading Volume: 10,283,477
Technical Sentiment Signal: Buy
Current Market Cap: A$17.44B
Find detailed analytics on EVN stock on TipRanks’ Stock Analysis page.