Evolution Mining posts record half-year profit and lifts dividends on strong cash flows

Evolution Mining ( (AU:EVN) ) has issued an announcement.

Evolution Mining reported a record half-year statutory net profit after tax of A$766.6 million for the period ended 31 December 2025, more than doubling the prior year, as revenue climbed 37% to A$2.79 billion and underlying EBITDA jumped 57%. Earnings per share rose 107% to a record 37.96 cents, supported by on-plan gold and copper production, improved prices, and disciplined cost control that also saw net tangible assets per share lift to A$3.22.

Operationally, the miner delivered 365,000 ounces of gold and 36,000 tonnes of copper in line with plan, reaffirmed FY26 gold guidance and trimmed group all-in sustaining cost guidance to A$1,640 an ounce despite weather-related disruption at Ernest Henry. Strong cash generation drove record operating and net mine cash flows, boosted the cash balance to A$966.5 million, and underpinned a fully franked interim dividend of 20 cents per share, marking the company’s 26th consecutive payout and signalling continued confidence in its financial position.

The most recent analyst rating on (AU:EVN) stock is a Sell with a A$11.00 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 Limited is a leading Australian gold miner with a portfolio of six operating mines across New South Wales, Queensland and Western Australia, as well as Red Lake in Ontario, Canada. The group’s core activities span exploration, mine development and operations, and the sale of gold and gold-copper concentrate into Australian and international markets.

Average Trading Volume: 6,600,673

Technical Sentiment Signal: Buy

Current Market Cap: A$29.12B

For detailed information about EVN stock, go to TipRanks’ Stock Analysis page.