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BlackEarth Minerals NL
(Sydney:EVG)
BlackEarth Minerals NL (EVG) vs. iShares MSCI Australia ETF (EWA)
BlackEarth Minerals NL Business Overview & Revenue Model
BlackEarth Minerals NL Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 149.88K | 107.88K | 90.89K | 86.44K | 86.63K |
| Gross Profit | 149.88K | -18.10K | 73.97K | 73.80K | 77.18K |
| EBITDA | -3.02M | -3.30M | -4.10M | -3.43M | -3.56M |
| Net Income | -3.69M | -3.21M | -3.57M | -3.44M | -3.45M |
Balance Sheet | |||||
| Total Assets | 8.90M | 9.78M | 11.90M | 11.82M | 7.49M |
| Cash, Cash Equivalents and Short-Term Investments | 1.03M | 1.95M | 4.30M | 5.81M | 6.57M |
| Total Debt | 65.69K | 75.17K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 788.25K | 710.87K | 620.79K | 998.36K | 576.20K |
| Stockholders Equity | 8.11M | 9.07M | 11.28M | 10.82M | 6.92M |
Cash Flow | |||||
| Free Cash Flow | -2.41M | -2.34M | -3.77M | -7.63M | -2.31M |
| Operating Cash Flow | -2.17M | -2.15M | -2.23M | -3.05M | -2.30M |
| Investing Cash Flow | -758.92K | -194.70K | -2.48M | -4.58M | -8.49K |
| Financing Cash Flow | 2.01M | -13.82K | 3.18M | 6.87M | 7.74M |
BlackEarth Minerals NL Technical Analysis
BlackEarth Minerals NL 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% | |
49 Neutral | AU$15.60M | -2.81 | -42.91% | ― | ― | -4.35% | |
44 Neutral | AU$15.68M | -2.22 | -13.11% | ― | ― | ― | |
44 Neutral | AU$11.29M | -1.32 | -74.67% | ― | ― | 71.25% | |
41 Neutral | AU$41.42M | -6.23 | -5.81% | ― | -67.81% | -244.10% | |
40 Underperform | AU$6.71M | -0.35 | -119.49% | ― | ― | -405.06% |
BlackEarth Minerals NL Corporate Events
Evion Group NL has released a corporate presentation outlining the technical and regulatory underpinnings of its Maniry graphite project in Madagascar and related downstream operations, reiterating that the key assumptions supporting its production targets and financial forecasts for both Maniry and its Indian expandable graphite joint venture remain unchanged. The company highlights that its mineral resources, ore reserves and exploration targets have been prepared and signed off by multiple independent Competent Persons under the JORC Code, reinforcing the robustness of its graphite inventory and project studies as it advances permitting, development and commercialisation across its integrated graphite supply chain.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group strengthened its balance sheet during the December 2025 quarter with an approximately A$2.3 million placement led by US-based Atlas Strategic Assets, leaving it with A$2.3 million in cash to fund near-term project milestones and reinforcing its alignment with US critical minerals interests. The company advanced development readiness at its flagship Maniry Graphite Project in Madagascar through ongoing engagement with European partners, including applying for more than €1.2 million in grants and receiving initial funding to bolster local reporting and training, while leveraging Maniry’s status as an EU-recognised Strategic Project under the Critical Raw Materials Act. Commercially, Evion expanded its US footprint via a A$1.5 million expandable graphite sales agreement with a major American graphite supply chain group, with 300 tonnes to be supplied from the Panthera Graphite joint venture facility, underscoring its positioning as a non-Chinese supplier and setting the stage for 2026 to translate its 2025 groundwork into operational delivery.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has highlighted the strategic significance of a newly formed US–African Union Strategic Infrastructure and Investment Working Group, which aims to bolster US private-sector investment in African critical minerals and infrastructure, reinforcing Madagascar’s role as a key graphite supplier to the US and Europe. At the same time, the Madagascan government has begun fast-tracking approvals of priority mining and exploitation permits, with Evion’s Maniry Graphite Project confirmed as a priority, while the company advances conversion of its exploration permits, progresses environmental approvals, and continues to generate revenue from its Indian expandable graphite facility, which produced and exported material to the US and Europe with quarterly sales receipts above US$500,000 and ongoing expansion plans that may see its processing model replicated in other high-demand markets.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has disclosed a change in director David Round’s interests, with the director increasing his indirect holding in the company through Averio Investments Pty Ltd by acquiring 300,000 fully paid ordinary shares on-market at $0.03 per share, for a total consideration of $9,000. Following the transaction, Round’s indirect shareholding via Averio Investments rose to 6,000,000 ordinary shares, while his existing performance rights and option holdings, both direct and indirect, remain unchanged; the move marginally lifts insider ownership and may be read as a modest vote of confidence in the company’s prospects by a key board member.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has reported a change in the holdings of director Heather Zampatti, following the lapse of 1,925,000 performance rights that were due to expire on 20 January 2026. After this change, Zampatti continues to hold 2,078,150 fully paid ordinary shares, as well as remaining performance rights and unlisted options, indicating that while her potential performance-based equity has been reduced, she retains a significant aligned stake in the company, with limited immediate impact on the overall capital structure.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has reported the cessation of 15,575,000 performance rights from its 2022 series after the conditions attached to those rights were not met or became incapable of being satisfied as of 20 January 2026. The lapse of these conditional securities reduces the company’s pool of potential equity dilution and may slightly simplify its capital structure, with limited immediate operational impact but some relevance for existing shareholders monitoring future share issuance and incentive arrangements.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has launched a share sale facility for holders of less than marketable parcels of its shares, allowing small shareholders to sell their holdings without brokerage or handling fees, with the company covering all transaction costs. The initiative aims to reduce administrative expenses associated with maintaining a large number of very small holdings, affects 845 shareholders with 6,487,500 shares as at the 9 January 2026 record date, and gives investors until 25 February 2026 to opt out or increase their holdings above the minimum threshold, while sales will be executed by GBA Capital and proceeds remitted as soon as practicable after completion.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has welcomed the passage of H.R. 6500, the African Growth and Opportunity Act Extension Act, through the U.S. House of Representatives, which would extend duty-free access for qualifying imports from African countries, including Madagascar, until the end of 2028 if enacted. With the United States already one of Madagascar’s largest trading partners, the proposed extension of AGOA is expected to underpin continued duty-free exports of Malagasy graphite to the U.S. and strengthen strategic value chains between Africa and Western economies. Evion’s management says Madagascar, already a major supplier of graphite to the U.S. and Europe, is well positioned to expand shipments of graphite and other critical minerals under the extended trade preferences, bolstering the company’s prospects as global powers seek to diversify and secure critical mineral supply chains for energy transition and security applications.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL announced the issuance of 35,050,238 shares at $0.021 per share as part of a placement, with the sale of these shares exempt under section 708A(5)(e) of the Corporations Act. The company has confirmed compliance with regulatory requirements and no additional disclosure information is necessary, signaling adherence to governance standards and enabling smoother stock transactions for stakeholders.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL, a company listed on the Australian Securities Exchange (ASX) under the code EVG, has announced the issuance and quotation of 6,471,520 fully paid ordinary securities as of December 16, 2025. This development is part of a previously disclosed transaction, marking an increase in the company’s equity capital and contributing to its market positioning and liquidity.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
EVION Group NL has announced the quotation of additional securities on the Australian Securities Exchange (ASX). This involves over 27 million fully paid ordinary shares, marking a significant update for the company with potential implications for its capital-raising or equity distribution strategies.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL, an entity listed on the Australian Securities Exchange (ASX), focuses on securities within financial markets and investment sectors. The company has announced the listing of 1,147,328 fully paid ordinary shares under its ASX security code EVG. This move is indicative of previously disclosed transactions, highlighting its strategic efforts to expand its securities portfolio and enhance market presence.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
EVION GROUP NL has announced a proposed issue of securities, specifically 1,147,328 ordinary fully paid shares, with the issue date set for December 16, 2025. This move is part of a placement or other type of issue, and the company is seeking quotation of these securities on the ASX, which could potentially enhance its market presence and provide additional capital for its operations.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
EVION Group NL has announced a change in the director’s interest notice, specifically regarding Warrick Hazeldine, a director and shareholder of Northpoint Super Pty Ltd. The change involves an acquisition of 333,333 fully paid ordinary shares through an on-market trade, increasing the indirect holding to 1,329,781 shares.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
EVION Group NL has announced a change in the director’s interest, specifically involving David Round, who holds indirect interests through a family account. The change involves the issuance of 3,500,000 performance rights, as approved by shareholders at the 2025 Annual General Meeting, indicating a strategic move to align management incentives with company performance.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has announced the issuance of unquoted equity securities in the form of performance rights. The company is issuing a total of 3.5 million performance rights, with 1.5 million expiring on June 30, 2026, and 2 million expiring on June 30, 2027. This move is likely aimed at incentivizing performance and aligning the interests of stakeholders with the company’s long-term goals.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has been invited by the European Union to join the EU Energy & Raw Materials Platform as a priority supplier of graphite concentrate. This invitation highlights the Maniry Graphite Project in Madagascar as the EU’s preferred supplier from Africa, positioning Evion to play a significant role in Europe’s transition to clean energy and expansion of its electric vehicle production. The initiative is expected to enhance Evion’s market presence in Europe, facilitate offtake agreements, and attract potential financing and development partners.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
Evion Group NL has secured a significant order for 300 metric tonnes of expandable graphite to be supplied to a leading US-based graphite supply chain company, generating approximately A$1.5 million in revenue. This move strengthens Evion’s position as a reliable, non-Chinese supplier of critical minerals, aligning with the US’s strategic objective to diversify its supply chains. The company anticipates continued growth in shipments to the US and ongoing sales to the EU, driven by increasing demand for high-quality, non-Chinese sources of critical minerals.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.