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Evolution Energy Minerals Limited
(Sydney:EV1)
Evolution Energy Minerals Limited (EV1) vs. iShares MSCI Australia ETF (EWA)
Evolution Energy Minerals Limited Business Overview & Revenue Model
Evolution Energy Minerals Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -44.52K | -17.95K | -12.12K | -4.19K | -21.35K |
| EBITDA | -5.70M | -10.56M | -13.54M | -7.87M | 1.74M |
| Net Income | -4.73M | -11.06M | -13.89M | -8.86M | -353.83K |
Balance Sheet | |||||
| Total Assets | 5.88M | 8.78M | 10.18M | 10.82M | 5.06M |
| Cash, Cash Equivalents and Short-Term Investments | 81.89K | 3.07M | 4.44M | 5.37M | 22.45K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 8.73M |
| Total Liabilities | 787.71K | 615.85K | 1.09M | 461.30K | 8.81M |
| Stockholders Equity | 4.98M | 7.68M | 9.09M | 10.36M | -3.75M |
Cash Flow | |||||
| Free Cash Flow | -5.16M | -10.67M | -13.43M | -5.61M | -363.06K |
| Operating Cash Flow | -5.08M | -10.60M | -13.40M | -5.56M | -363.06K |
| Investing Cash Flow | -85.21K | -65.24K | -29.27K | -45.02K | 0.00 |
| Financing Cash Flow | 2.17M | 9.35M | 12.32M | 11.18M | 0.00 |
Evolution Energy Minerals Limited Technical Analysis
Evolution Energy Minerals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | AU$30.20M | -1.02 | -80.21% | ― | ― | -69.98% | |
45 Neutral | AU$15.74M | -0.97 | -71.65% | ― | ― | ― | |
44 Neutral | AU$12.91M | -1.42 | -74.67% | ― | ― | 71.25% | |
43 Neutral | AU$7.36M | -0.57 | -72.76% | ― | ― | -1.73% | |
43 Neutral | AU$9.59M | -1.73 | -56.10% | ― | ― | 44.90% | |
43 Neutral | AU$4.41M | -1.19 | -81.85% | ― | ― | -58.49% |
Evolution Energy Minerals Limited Corporate Events
Evolution Energy Minerals Limited has updated its proposed renounceable pro rata securities issue, revising key timetable dates associated with the offer. The company now expects the issue date to be 12 March 2026, with trading on a T+2 basis commencing on 13 March 2026 and first settlement, including deferred settlement and T+2, occurring on 17 March 2026.
The revision clarifies the transaction schedule for investors and the market, ensuring alignment with ASX listing requirements and providing greater certainty around trading and settlement of the new securities. This update may assist existing and prospective shareholders in planning participation in the offer and managing their positions around the adjusted timetable.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
Evolution Energy Minerals Limited has notified the ASX of a proposed issue of 6,049,245 options, each expiring on 17 September 2028, under a placement or similar type of capital raising. The new options, which are targeted for issue on 12 March 2026, form part of the company’s ongoing capital management strategy and may provide additional funding flexibility to support future corporate and project initiatives.
The placement of these long-dated options underscores the company’s reliance on equity-linked instruments to bolster its balance sheet and maintain access to investor capital. Existing and prospective shareholders will be watching how the expanded option pool affects capital structure, potential dilution, and the company’s capacity to finance its strategic plans in a competitive resources market.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
Evolution Energy Minerals Limited has lodged a new Appendix 3B with the ASX detailing a proposed renounceable pro rata issue of up to 268,855,338 ordinary fully paid shares and 134,427,669 options expiring on 17 September 2028. The timetable sets an ex-date of 13 February 2026, record date of 16 February 2026, offer closing on 5 March 2026 and issue date on 10 March 2026, indicating a significant capital raising that could materially increase the company’s equity base and provide additional funding flexibility for its strategic plans.
The proposed renounceable structure allows existing shareholders to trade their rights, potentially improving liquidity and offering more flexibility in managing their holdings. If fully taken up and subsequently quoted, the enlarged capital structure may strengthen Evolution Energy Minerals’ financial position, support future project development, and impact ownership dynamics and market valuation for current and prospective investors.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
Evolution Energy Minerals Limited has launched a renounceable pro‑rata entitlement offer to raise up to approximately $4.03 million before costs, offering one new share for every two shares held at an issue price of $0.015, with one free attaching option for every two new shares. The entitlement offer, underwritten to $1.5 million by Mahe Capital and supplemented by a top‑up facility and potential shortfall placement, is positioned as a highly speculative capital raising that will expand the company’s quoted capital base and provide funding flexibility for its ongoing operations, while concentrating take‑up among eligible shareholders in approved jurisdictions.
The structure of the offer, including renounceable rights, a top‑up component, and the ability to place shortfall securities after closure, is designed to maximise participation and capital inflows while adhering to Australian Corporations Act and ASX listing rules. By coupling new shares with quoted options and relying on its status as a disclosing entity, the company is leveraging established market disclosure and targeting investors prepared to accept higher risk in exchange for leveraged exposure to its future project and corporate developments.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
Evolution Energy Minerals has launched a pro-rata 1-for-2 renounceable entitlement offer to raise up to about A$4 million at A$0.015 per share, a 25% discount to the 30-day VWAP, with one free quoted option (EV1O) for every two new shares. The offer, partly underwritten by Mahe Capital for A$1.5 million, allows eligible shareholders in selected jurisdictions to trade rights and apply for additional securities under a top-up facility.
Major shareholder Metals One Plc has committed up to A$1 million and the directors intend to take up their entitlements, supporting the equity raising and signalling confidence in the company. Proceeds will fund exploration at the Chikundo Copper Project, resource development at the Chilalo Graphite Project, repayment of a short-term loan, offer costs and general working capital, potentially strengthening Evolution Energy Minerals’ balance sheet and advancing its core development pipeline.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
In the December 2025 quarter, Evolution Energy Minerals concentrated on advancing exploration at its Chikundo Copper Project, strengthening its balance sheet and continuing regulatory engagement for its Chilalo Graphite Project in Tanzania. The company launched a large-scale soil sampling campaign at Chikundo across three priority prospects, collecting hundreds of samples to support a volcanogenic massive sulphide (VMS) geochemical model and refine targets for a planned 2026 reverse circulation drilling program. At the corporate level, Evolution retired nearly all outstanding creditors, tightened administrative overheads and appointed Satoshi Capital Advisors to help identify funding pathways for Chilalo, while maintaining active dialogue with the Tanzanian Mining Commission over Mining Licence ML 716/2023 and working toward an updated development schedule that targets initial ore mining by October 2027, signalling ongoing progress but also highlighting the regulatory and financing steps still required before full-scale development.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
Evolution Energy Minerals has completed a systematic soil sampling programme at its Chikundo Copper Project within the Chilalo tenure in southern Tanzania, collecting 1,558 samples across the Chikundo, Chikundo East and Nangurugai prospect areas as part of its data-driven exploration strategy targeting a district-scale VMS-style copper system. The company is now conducting internal quality assurance checks before sending samples to SGS Laboratories in Johannesburg for detailed geochemical analysis, and is concurrently designing an initial reverse circulation drilling campaign of 1,500–3,000 metres for 2026, signalling a move toward more advanced exploration that could refine its geological model and potentially enhance its position in emerging Tanzanian copper districts.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
Evolution Energy Minerals has highlighted its dual focus on graphite and copper growth in a recent interview with Managing Director Craig Moulton, which is now accessible via the company’s website. The discussion outlines near-term priorities, including exploration plans at the Chikundu VMS Copper Project and continued development work at the advanced Chilalo Graphite Project in Tanzania, reinforcing the company’s strategy to build a pipeline of critical metal assets aligned with the energy transition, while confirming that no new material information beyond previously announced disclosures has been provided.
The most recent analyst rating on (AU:EV1) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Evolution Energy Minerals Limited stock, see the AU:EV1 Stock Forecast page.
Evolution Energy Minerals Limited has engaged Satoshi Capital Advisors as its financial advisor to secure funding for the Chilalo Graphite Project. Satoshi will explore funding opportunities in North America, Asia-Pacific, and European markets, aiming to provide structured capital solutions for the project’s development. This engagement does not guarantee funding, as it remains subject to market conditions and other factors.
Evolution Energy Minerals Limited announced a change in the director’s interest, with Director Gemma Cryan acquiring 2,500,000 unlisted options as part of her remuneration package. This issuance, approved at the 2025 Annual General Meeting, reflects the company’s commitment to aligning director incentives with shareholder interests, potentially impacting the company’s governance and stakeholder relations.
Evolution Energy Minerals Limited announced a change in the director’s interest, with David Naoum acquiring 2,500,000 unlisted options as part of his remuneration package. This issuance of options, approved at the 2025 Annual General Meeting, reflects the company’s strategy to align director incentives with shareholder interests, potentially impacting the company’s governance and stakeholder confidence.
Evolution Energy Minerals Limited announced a change in the director’s interest, with Craig Moulton acquiring 7,500,000 unlisted options as part of his remuneration package. This issuance of options, approved at the 2025 Annual General Meeting, reflects the company’s commitment to aligning management incentives with shareholder interests, potentially impacting its operational strategy and market positioning.
Evolution Energy Minerals Limited has announced a change in the director’s interest in securities, specifically regarding Paul Atherley. The company issued 7,500,000 unlisted options to Atherley as part of his remuneration package, following shareholder approval at the 2025 Annual General Meeting under the company’s Employee Securities Incentive Plan. This change reflects an adjustment in the director’s holdings, potentially impacting the company’s governance and signaling confidence in its strategic direction.
Evolution Energy Minerals Limited has announced the issuance of 20,000,000 unlisted options, exercisable at $0.02 and expiring on December 9, 2027. This move is part of an employee incentive scheme and is not intended for public trading on the ASX, potentially impacting the company’s internal stakeholder engagement and retention strategies.
Evolution Energy Minerals Limited has made significant progress in its soil sampling program at the Chikundo Copper Project within the Chilalo project area in Tanzania. The program, which began on November 24, 2025, has seen the deployment of three field teams collecting 603 samples as of December 2. The sampling is being conducted across three priority zones, with ideal field conditions facilitating rapid progress. This initiative is part of Evolution’s strategic efforts to enhance its mineral exploration capabilities, potentially strengthening its position in the mining sector.
At the 2025 Annual General Meeting of Evolution Energy Minerals Limited, all twelve resolutions were passed, including the election of directors and the approval of various options and placement capacities. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives, potentially enhancing its market position and stakeholder value.