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Evolution Energy Minerals Limited (AU:EV1)
ASX:EV1

Evolution Energy Minerals Limited (EV1) AI Stock Analysis

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AU:EV1

Evolution Energy Minerals Limited

(Sydney:EV1)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
AU$0.01
▲(10.00% Upside)
The score is primarily constrained by weak financial fundamentals (no revenue, ongoing losses, and continued negative free cash flow despite improvement). Technical signals also point to soft momentum with a weak longer-term trend, and valuation support is limited due to a negative P/E and no dividend information.
Positive Factors
Debt-Free Balance Sheet
A debt-free balance sheet provides financial flexibility and reduces risk, allowing the company to focus on growth and development without the burden of interest payments.
Strategic Project Development
Accelerating project development can enhance future revenue streams and market position, particularly in the growing battery-materials sector, aligning with long-term strategic goals.
Strong Shareholder Support
Strong shareholder support for strategic resolutions indicates confidence in management and the company's direction, which can facilitate smoother execution of long-term plans.
Negative Factors
Ongoing Negative Cash Flow
Persistent negative cash flow indicates reliance on external funding, which can be a risk if market conditions change, impacting long-term financial sustainability.
Shrinking Equity Base
A shrinking equity base, despite being debt-free, suggests ongoing losses are eroding financial stability, potentially limiting future investment and growth opportunities.
Pre-Revenue Status
Being pre-revenue with significant losses highlights the risk of delayed profitability, which can affect investor confidence and the ability to fund future operations.

Evolution Energy Minerals Limited (EV1) vs. iShares MSCI Australia ETF (EWA)

Evolution Energy Minerals Limited Business Overview & Revenue Model

Company DescriptionEvolution Energy Minerals Limited engages in the acquisition, exploration, and development of mineral properties. It holds interest in the Chilalo graphite project located in southern Tanzania. Evolution Energy Minerals Limited was incorporated in 2021 and is based in West Perth, Australia.
How the Company Makes MoneyEvolution Energy Minerals Limited generates revenue primarily through the extraction and sale of graphite. The company's revenue model is centered around identifying and developing high-quality graphite deposits, which are then mined and sold to manufacturers and industries that require graphite for the production of batteries, lubricants, refractories, and other industrial applications. Key revenue streams include direct sales of graphite to battery manufacturers and other industrial clients. Additionally, the company may engage in partnerships or joint ventures with other firms to enhance its production capabilities and market reach, thereby contributing to its earnings. Factors such as global demand for energy storage solutions and advancements in renewable energy technologies significantly influence the company's revenue potential.

Evolution Energy Minerals Limited Financial Statement Overview

Summary
The company faces significant financial challenges, with no revenue generation and persistent losses. The balance sheet reflects improved equity compared to previous years, but cash flow remains negative, indicating operational inefficiencies and potential liquidity risk. Strategic measures are required to boost revenue and improve financial stability.
Income Statement
Evolution Energy Minerals Limited has not generated any revenue over the past few years, which is a significant concern for financial health. The company continues to report negative EBIT and Net Income, indicating ongoing operational challenges. With no revenue and increasing net losses, the income statement reflects a lack of profitability and growth.
Balance Sheet
The company's balance sheet shows no debt, which is a positive aspect, but the negative equity in 2021 indicates prior financial distress. Although the equity position improved in recent years, the declining cash reserves and total assets highlight potential liquidity issues. The absence of revenue and continued losses pose risks to future solvency.
Cash Flow
The cash flow statement reveals negative operating cash flow and free cash flow, suggesting an inability to generate cash from operations. Despite positive financing cash flows, reliance on external funding is unsustainable long-term. The lack of revenue impacts cash flow generation, necessitating strategic changes to improve operational efficiency.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.00-44.52K-17.95K-12.12K-4.19K-21.35K
EBITDA-3.88M-5.70M-10.56M-13.54M-7.87M1.74M
Net Income-4.66M-4.73M-11.06M-13.89M-8.86M-353.83K
Balance Sheet
Total Assets7.35M5.88M8.78M10.18M10.82M5.06M
Cash, Cash Equivalents and Short-Term Investments1.17M81.89K3.07M4.44M5.37M22.45K
Total Debt0.000.000.000.000.008.73M
Total Liabilities765.61K787.71K615.85K1.09M461.30K8.81M
Stockholders Equity6.36M4.98M7.68M9.09M10.36M-3.75M
Cash Flow
Free Cash Flow-8.61K-5.16M-10.67M-13.43M-5.61M-363.06K
Operating Cash Flow-8.47K-5.08M-10.60M-13.40M-5.56M-363.06K
Investing Cash Flow-141.75K-85.21K-65.24K-29.27K-45.02K0.00
Financing Cash Flow8.28M2.17M9.35M12.32M11.18M0.00

Evolution Energy Minerals Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
42.37
Neutral
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EV1, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.37 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EV1.

Evolution Energy Minerals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
51
Neutral
AU$13.70M-2.22-56.10%44.90%
48
Neutral
AU$22.07M-1.44-80.21%-69.98%
45
Neutral
AU$3.60M-71.65%
43
Neutral
AU$5.38M-0.87-74.67%71.25%
43
Neutral
AU$7.36M-0.57-72.76%-1.73%
43
Neutral
AU$4.41M-1.19-81.85%-58.49%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:EV1
Evolution Energy Minerals Limited
0.01
>-0.01
-40.00%
AU:MQR
Marquee Resources Ltd
0.01
0.00
0.00%
AU:AKN
AuKing Mining Ltd
AU:GRE
Greentech Metals Ltd.
0.14
0.07
94.44%
AU:SVY
Stavely Minerals Ltd
0.02
>-0.01
-21.74%
AU:G88
Golden Mile Resources Ltd.
0.01
0.00
0.00%

Evolution Energy Minerals Limited Corporate Events

Evolution Energy Minerals Outlines Graphite and Copper Growth Priorities in MD Interview
Jan 13, 2026

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 Engages Satoshi Capital for Chilalo Project Funding
Dec 14, 2025

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 Announces Director’s Interest Change
Dec 9, 2025

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 Updates Director’s Interest
Dec 9, 2025

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 Updates Director’s Interest
Dec 9, 2025

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 Updates Director’s Securities Holdings
Dec 9, 2025

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 Issues Unlisted Options
Dec 9, 2025

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 Advances Soil Sampling at Chikundo Copper Project
Dec 7, 2025

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.

Evolution Energy Minerals Secures Shareholder Approval for Strategic Resolutions
Nov 27, 2025

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.

Evolution Energy Minerals Launches Major Copper Soil Sampling Program in Tanzania
Nov 20, 2025

Evolution Energy Minerals Limited announced the commencement of a major soil sampling program at the Chikundo VHMS copper system in Tanzania, scheduled to start on November 24, 2025. The program aims to collect 1,558 samples across two priority grids, enhancing the understanding of the copper corridor and the northeast anomaly. Historical drilling and recent sampling have confirmed significant copper potential, with high-grade copper sulphides and anomalous copper values found in the area. The project is strategically located near the planned Chilalo Graphite plant, offering logistical advantages and future development opportunities. The results of the sampling program are expected to guide future drilling activities in 2026, potentially strengthening Evolution’s position in the copper market.

Evolution Energy Minerals Raises A$1.75 Million to Propel Tanzanian Projects
Oct 31, 2025

Evolution Energy Minerals Limited successfully raised approximately A$1.75 million through a rights issue and follow-on placement, indicating strong investor confidence. The funds will be used to advance the Chilalo Graphite Project, reduce creditors, and support exploration activities in Tanzania, positioning the company for accelerated development and strategic growth.

Evolution Energy Minerals Schedules Annual General Meeting for November 2025
Oct 29, 2025

Evolution Energy Minerals Limited has announced its Annual General Meeting, scheduled for November 27, 2025, at HWL Ebsworth Lawyers in Perth, Australia. The meeting will address the company’s annual report and include resolutions on the remuneration report and the election of director Paul Atherley. Shareholders are encouraged to participate by voting, either in person or via proxy, to influence decisions on key governance issues.

Evolution Energy Minerals Announces Access to 2025 AGM Documents
Oct 29, 2025

Evolution Energy Minerals Limited has announced that shareholders can now access the documentation for the 2025 Annual General Meeting online. The meeting is scheduled for November 27, 2025, and will be held in person at HWL Ebsworth Lawyers in Perth, WA. Shareholders are encouraged to vote online or submit their proxy forms by November 25, 2025, to ensure their votes are counted. This announcement reflects the company’s commitment to transparency and shareholder engagement.

Evolution Energy Minerals Accelerates Chilalo Graphite Project Development
Oct 20, 2025

Evolution Energy Minerals has committed to accelerating the development of its Chilalo Graphite Project in Tanzania, aiming for first ore production by October 2027. The company is engaging in resource development drilling to expand its graphite resources and is exploring downstream processing opportunities to enhance value capture within Tanzania. Additionally, Evolution is advancing exploration activities at the Chikundo Copper Project and is in discussions with various banks and sovereign funds to secure project financing.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025