Evolution Energy Minerals Limited (AU:EV1)
ASX:EV1
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Evolution Energy Minerals Limited
(Sydney:EV1)
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Select Model
Rating:42Neutral
Price Target:
AU$0.01
â–²(10.00% Upside)
Action:ReiteratedDate:03/14/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued negative free cash flow) despite some improvement in FY2025 and a debt-free balance sheet. Technical indicators also point to bearish momentum, and valuation is constrained by negative earnings and no dividend yield support.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure provides durable financial flexibility for a project developer. With no scheduled debt service, management can prioritize Chilalo development and fundraising timing, lowering near-term insolvency risk and improving optionality for strategic partnerships or staged financing.
Negative Factors
Pre-revenue operations
Absence of revenue means the business model has yet to be validated commercially and the firm remains exposed to execution risk. Without operating sales, the company depends on capital markets to fund development, increasing dilution risk and creating uncertainty around project timing and returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure provides durable financial flexibility for a project developer. With no scheduled debt service, management can prioritize Chilalo development and fundraising timing, lowering near-term insolvency risk and improving optionality for strategic partnerships or staged financing.
Read all positive factors
Evolution Energy Minerals Limited (EV1) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.87M
Dividend YieldN/A
Average Volume (3M)992.61K
Price to Earnings (P/E)―
Beta (1Y)1.19
Revenue GrowthN/A
EPS Growth71.25%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.27
Shares Outstanding806,566,040
10 Day Avg. Volume1,002,417
30 Day Avg. Volume992,613
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.04
Price to Sales (P/S)0.00
P/FCF Ratio-1.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)<0.01
Revenue Forecast (FY)AU$41.44M
Evolution Energy Minerals Limited Business Overview & Revenue Model
Company Description
Evolution 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...
How the Company Makes Money
null...
Evolution Energy Minerals Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -44.52K | -17.95K | -12.12K | -4.19K | -21.35K |
| EBITDA | -2.50M | -5.70M | -10.56M | -13.54M | -7.87M | 1.74M |
| Net Income | -2.05M | -4.73M | -11.06M | -13.89M | -8.86M | -353.83K |
Balance Sheet | ||||||
| Total Assets | 5.80M | 5.88M | 8.78M | 10.18M | 10.82M | 5.06M |
| Cash, Cash Equivalents and Short-Term Investments | 125.45K | 81.89K | 3.07M | 4.44M | 5.37M | 22.45K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.73M |
| Total Liabilities | 257.93K | 787.71K | 615.85K | 1.09M | 461.30K | 8.81M |
| Stockholders Equity | 5.52M | 4.98M | 7.68M | 9.09M | 10.36M | -3.75M |
Cash Flow | ||||||
| Free Cash Flow | -2.20M | -5.16M | -10.67M | -13.43M | -5.61M | -363.06K |
| Operating Cash Flow | -2.19M | -5.08M | -10.60M | -13.40M | -5.56M | -363.06K |
| Investing Cash Flow | -4.33K | -85.21K | -65.24K | -29.27K | -45.02K | 0.00 |
| Financing Cash Flow | 1.56M | 2.17M | 9.35M | 12.32M | 11.18M | 0.00 |
Evolution Energy Minerals Limited Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
Market Momentum
>-0.01
Negative
38.23
Neutral
<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 equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 38.23 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
UnderperformOutperform
Sector (61)
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% | |
45 Neutral | AU$20.86M | -3.24 | -104.93% | ― | ― | -69.98% | |
44 Neutral | AU$30.79M | -1.07 | -47.54% | ― | ― | ― | |
43 Neutral | AU$6.54M | -2.06 | -91.53% | ― | ― | -1.73% | |
43 Neutral | AU$4.48M | -0.44 | -178.26% | ― | ― | -58.49% | |
42 Neutral | AU$8.87M | -1.84 | -38.97% | ― | ― | 71.25% | |
42 Neutral | AU$9.59M | -1.36 | -57.07% | ― | ― | 44.90% |
* Basic Materials Sector Average
AU:EV1
Evolution Energy Minerals Limited
0.01
<0.01
10.00%
AU:MQR
Marquee Resources Ltd
0.01
0.00
0.00%
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AuKing Mining Ltd
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<0.01
80.00%
AU:GRE
Greentech Metals Ltd.
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Stavely Minerals Ltd
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>-0.01
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Golden Mile Resources Ltd.
0.01
0.00
0.00%
Evolution Energy Minerals Limited Corporate Events
Evolution Energy Minerals Bolsters Leadership Team to Drive Project Execution
Apr 6, 2026
Evolution Energy Minerals has strengthened its leadership team with a series of targeted appointments and promotions designed to support the development of its African critical metals portfolio. The company is reinforcing governance, finance, tech...
Evolution Energy Minerals appoints new company secretary and relocates Perth office
Apr 1, 2026
Evolution Energy Minerals has appointed experienced corporate lawyer John Kay as company secretary effective 1 April 2026, following the resignation of the previous holder of the role. Kay, who has more than 18 years’ experience in equity ca...
Evolution Energy Refines Copper Targets at Chikundo Project in Tanzania
Mar 29, 2026
Evolution Energy Minerals has completed a detailed reinterpretation of airborne electromagnetic data at its Chikundo Copper Project in southern Tanzania, refining the geological model for copper mineralisation. The study, undertaken by Terra Resou...
Evolution Energy Director Increases Stake via Entitlement Offer
Mar 17, 2026
Evolution Energy Minerals Limited has reported a change in director Craig Moulton’s indirect interest in the company, held via Moulton Super Pty Ltd as trustee for the Moulton Superannuation Fund. The update was lodged with the ASX under the...
Evolution Energy Minerals Files Interim Half-Year Corporate Report
Mar 16, 2026
Evolution Energy Minerals Limited has released its interim financial report for the half-year ended 31 December 2025, outlining its corporate structure and governance arrangements. The report highlights key corporate information, including its boa...
Evolution Energy Seeks ASX Quotation for Major Share and Option Issue
Mar 11, 2026
Evolution Energy Minerals Limited has applied for quotation on the ASX of 268,855,338 ordinary fully paid shares under code EV1 and 134,427,669 options expiring 17 September 2028 under code EV1O. These securities, issued as part of previously anno...
Evolution Energy Minerals Issues Placement Shares After Strong Rights Issue Demand
Mar 11, 2026
Evolution Energy Minerals has issued 10 million fully paid ordinary shares and 5 million listed options via a placement, after strong demand in its recent rights issue left excess investor interest. The new securities were issued on the same terms...
Evolution Energy Minerals seeks ASX quotation for new shares and options
Mar 11, 2026
Evolution Energy Minerals Limited has applied to the ASX for quotation of 10,000,000 new ordinary fully paid shares and 5,000,000 options, both dated 12 March 2026. The options carry an expiry date of 17 September 2028, indicating a structured cap...
Evolution Energy Minerals Seeks ASX Quotation for New Long-Dated Options
Mar 11, 2026
Evolution Energy Minerals Limited has applied for quotation on the ASX of 6,274,245 options, each expiring on 17 September 2028, under the security code EV1O. The newly quoted options, issued on 12 March 2026 as part of a previously announced tran...
Evolution Energy Minerals Plans New Share and Option Issue on ASX
Mar 11, 2026
Evolution Energy Minerals has notified the ASX of a proposed issue of new securities, comprising up to 10 million fully paid ordinary shares and 5 million options expiring in September 2028. The issuance will occur via a placement or similar struc...
Evolution Energy Minerals Increases Option Allocation to Lead Manager After Fully Underwritten Rights Issue
Mar 11, 2026
Evolution Energy Minerals has updated its proposed securities issue, confirming an additional allocation of 225,000 listed options to its lead manager. This follows the company’s rights issue being fully underwritten, taking the total number...
Evolution Energy Minerals Raises $4.18m as Oversubscribed Rights Issue Backs Growth Plans
Mar 11, 2026
Evolution Energy Minerals has closed its renounceable rights issue significantly oversubscribed, raising about $4 million before costs, and will undertake a $150,000 follow-on placement with lead manager and underwriter Mahe Capital partly taking ...
Evolution Energy Minerals Revises Timetable for Pro Rata Securities Issue
Feb 11, 2026
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 comm...
Evolution Energy Minerals Plans New Option Issue to Support Capital Strategy
Feb 10, 2026
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 20...
Evolution Energy Minerals Plans Major Renounceable Pro Rata Issue
Feb 10, 2026
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 ...
Evolution Energy Minerals Launches Underwritten Renounceable Entitlement Offer
Feb 10, 2026
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 att...
Evolution Energy Minerals Launches A$4m Renounceable Entitlement Offer
Feb 10, 2026
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 off...
Evolution Energy Minerals Advances Chikundo Copper Exploration and Progresses Chilalo Graphite Development in Tanzania
Jan 29, 2026
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 co...
Evolution Energy Minerals Advances Chikundo Copper Project with Completion of Soil Sampling
Jan 26, 2026
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 a...
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 prioritie...
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.