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Evolution Mining
(Sydney:EVN)
Evolution Mining (EVN) vs. iShares MSCI Australia ETF (EWA)
Evolution Mining Business Overview & Revenue Model
Evolution Mining Earnings Call Summary
Evolution Mining Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.35B | 4.35B | 3.22B | 2.23B | 2.06B | 1.86B |
| Gross Profit | 1.56B | 1.56B | 923.26M | 416.20M | 486.60M | 575.21M |
| EBITDA | 2.15B | 2.15B | 1.43B | 847.36M | 934.85M | 899.87M |
| Net Income | 926.17M | 926.17M | 422.27M | 163.51M | 323.32M | 345.26M |
Balance Sheet | ||||||
| Total Assets | 9.64B | 9.64B | 8.82B | 6.75B | 6.63B | 3.96B |
| Cash, Cash Equivalents and Short-Term Investments | 759.63M | 759.63M | 403.30M | 46.15M | 572.43M | 160.06M |
| Total Debt | 1.79B | 1.79B | 2.02B | 1.82B | 1.86B | 636.33M |
| Total Liabilities | 4.68B | 4.68B | 4.68B | 3.46B | 3.38B | 1.42B |
| Stockholders Equity | 4.96B | 4.96B | 4.14B | 3.29B | 3.25B | 2.53B |
Cash Flow | ||||||
| Free Cash Flow | 790.20M | 790.20M | 363.16M | -103.39M | 107.58M | 319.69M |
| Operating Cash Flow | 1.97B | 1.97B | 1.28B | 735.28M | 776.68M | 757.01M |
| Investing Cash Flow | -1.19B | -1.19B | -1.51B | -1.03B | -1.83B | -724.12M |
| Financing Cash Flow | -435.81M | -435.81M | 586.65M | -226.28M | 1.47B | -244.79M |
Evolution Mining Technical Analysis
Evolution Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | 16.83% | 24.12% | 46.42% | 99.69% | |
| ― | C$6.72B | 12.39 | 21.17% | 1.59% | 23.35% | 15.96% | |
| ― | $4.70B | 18.44 | 16.68% | 0.81% | 30.46% | ― | |
| ― | $21.32B | 22.58 | 19.86% | 1.88% | 35.31% | 115.08% | |
| ― | AU$7.78B | 34.80 | 19.70% | ― | 109.79% | 158.18% | |
| ― | $33.89B | 21.04 | 11.04% | 2.29% | 30.35% | 102.55% | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Evolution Mining Corporate Events
Evolution Mining Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement, approved by the Board of Directors, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, reflecting its commitment to solid management foundations and transparency. This announcement reinforces Evolution Mining’s dedication to best practices in governance, potentially enhancing its reputation and trust among stakeholders.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$10.50 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining has released its Annual Report for 2025, highlighting its financial and operational performance. The report includes non-IFRS financial information, which provides insights into the company’s financial health and operational costs. The company was recognized with a Gold Award for its FY24 Annual Report and a Silver Award for its Sustainability Report, indicating strong reporting standards. The completion of the mill expansion at the Mungari Operations ahead of schedule and under budget reflects Evolution’s operational efficiency, potentially strengthening its position in the gold mining industry.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$10.50 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited has announced its 2025 Annual General Meeting, scheduled for November 20, 2025, in Sydney. The meeting will cover the company’s performance over the past financial year and provide updates on its strategic goals. Shareholders will vote on several key resolutions, including the adoption of the FY25 Remuneration Report, re-election of directors, and approval of performance rights for the CEO. The board recommends voting in favor of all resolutions.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$10.50 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining has reported a strong quarter with record net mine cash flow of $366 million and significant operating mine cash flow of $676 million, aligning with its FY26 cashflow guidance. The company is on track to meet its production and cost targets with a sector-leading all-in sustaining cost (AISC) of $1,724/oz. Evolution Mining has successfully reduced its gearing to 11% by repaying all bank term loans, with no debt repayments due until FY29, and increased its cash balance to $780 million. The Mungari mill project is nearing commercial production, and the Cowal Open Pit Continuation project is progressing as planned, positioning the company well to achieve its strategic and financial objectives for FY26.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$10.20 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited announced the cessation of 488,970 performance rights due to the failure to meet certain conditions by the specified date. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic focus.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$8.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited announced the issuance of 6,842,309 performance rights under its employee incentive scheme, which are not immediately tradable on the ASX due to transfer restrictions. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s long-term growth objectives.
The most recent analyst rating on (AU:EVN) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining has announced that its quarterly report for the period ending 30 September 2025 will be released on 15 October 2025, followed by a conference call hosted by key executives. The call will be accessible via a live audio stream on the company’s website, and analysts and media will have the opportunity to participate in a Q&A session. This announcement reflects Evolution’s commitment to transparency and engagement with its stakeholders.
The most recent analyst rating on (AU:EVN) stock is a Buy with a A$10.50 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited announced a correction to its Denver Gold Forum presentation, specifically updating incorrect data labels on cash flow and AISC sensitivity charts. This correction does not affect other details of the presentation, and the update has been approved by the company’s chair, Jake Klein.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$7.70 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited has released a presentation at the Denver Gold Forum, emphasizing its strategic vision to become a leading global gold company. The release highlights the company’s focus on financial performance metrics and the inherent risks associated with forward-looking statements, cautioning stakeholders about potential uncertainties in future operations.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$7.70 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited has announced that its Annual General Meeting will be held on November 20, 2025. The company has set a deadline for director nominations on September 19, 2025. This announcement is part of the company’s ongoing governance and operational planning, reflecting its commitment to transparency and stakeholder engagement.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$7.70 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining announced the outcome of its Dividend Reinvestment Plan (DRP) for the fiscal year ending June 30, 2025. The DRP price was set at $8.7298 per share, with a 55.65% shareholder participation rate, resulting in the issuance of 16,689,390 new shares. This initiative reflects Evolution’s commitment to providing value to its shareholders while maintaining a strong financial position.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$7.70 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited has announced an update regarding its dividend distribution, confirming the Dividend Reinvestment Plan (DRP) price. This update pertains to the dividend distribution for the six-month period ending on June 30, 2025, with the record date set for September 4, 2025. This announcement may impact shareholders and investors as it provides clarity on the financial returns expected from their investments.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$7.70 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in Evolution Mining as of September 5, 2025. This change reflects a significant decrease in their relevant interest in Evolution Mining’s voting securities, which may impact the company’s shareholder composition and market perception.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$8.30 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Evolution Mining Ltd, a company involved in the mining industry. The change in their holding status is due to various transactions involving securities lending and proprietary trading activities. This development may impact the company’s shareholder structure and could influence its market positioning and stakeholder relationships.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$8.30 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited has announced the application for quotation of 251,612 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme, reflecting the company’s ongoing efforts to align employee interests with corporate performance and enhance shareholder value.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$8.30 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining has clarified previous announcements regarding its exploration updates and mine life extensions. The company highlighted encouraging results from its Mungari and Northparkes operations, with an extended mine life at Mungari to 2038+ and Ernest Henry to 2040. However, Evolution retracted a statement about Northparkes’ ~80-year endowment due to a lack of reasonable basis under ASX rules, advising investors not to rely on this information for investment decisions.
The most recent analyst rating on (AU:EVN) stock is a Sell with a A$7.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited announced a change in the director’s interest, specifically regarding Jacob Klein’s holdings. The notice details the acquisition and disposal of fully paid ordinary shares and performance rights, with a significant number of shares sold on the market. This change reflects the vesting and lapse of performance rights awarded in FY23, impacting the director’s total holdings and potentially influencing stakeholder perceptions of the company’s performance and governance.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited announced a change in the director’s interest, specifically regarding Lawrie Conway’s holdings. The change involved the acquisition of 988,026 fully paid ordinary shares due to the vesting of performance rights from FY23, while 47,369 performance rights lapsed as their performance measures were not met. This adjustment reflects the company’s ongoing management of executive incentives and could impact stakeholder perceptions of its governance and performance alignment strategies.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
FIL Limited has announced that it has ceased to be a substantial holder in Evolution Mining Limited as of August 13, 2025. This change in holding, involving multiple transactions of buying and selling shares, reflects a strategic adjustment in FIL’s investment portfolio, potentially impacting Evolution Mining’s shareholder composition and market perception.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited has announced the quotation of 11,206,192 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, indicating the company’s commitment to rewarding its workforce while potentially enhancing liquidity and shareholder value.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited is a prominent Australian gold mining company known for its low-cost operations across six mines in Australia and Canada, focusing on exploration, mine development, and gold and copper concentrate sales. In its latest earnings report for the fiscal year ending June 30, 2025, Evolution Mining Limited reported a significant increase in revenues and profits, driven by higher gold and copper production and favorable metal prices. Key financial highlights include a 35% increase in revenues to $4.35 billion and a 119% rise in statutory net profit after tax to $926.2 million. The company also achieved record operating cash flows and announced a final fully franked dividend of 13.0 cents per share. Evolution Mining’s strategic initiatives included the successful commissioning of the Mungari mill expansion ahead of schedule and the approval of the Cowal Open Pit Continuation project, extending mining operations to 2042. Looking forward, Evolution Mining remains focused on maintaining its strong financial performance and advancing its sustainability goals, including a commitment to achieving net-zero greenhouse gas emissions by 2050.
Evolution Mining Limited’s recent earnings call was marked by a generally positive sentiment, underscored by strong financial performance and record cash flow. The company celebrated significant achievements in safety and exploration, though it acknowledged challenges such as increased costs and operational issues at Cowal. Despite these hurdles, the overall outlook remains robust as Evolution Mining moves into FY ’26.
Evolution Mining Limited has announced a dividend distribution of AUD 0.13 per share for the six-month period ending June 30, 2025. The ex-date for the dividend is set for September 3, 2025, with the record date on September 4, 2025, and payment scheduled for October 3, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may influence investor sentiment positively.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining has released its full-year results for 2025, emphasizing its commitment to becoming a leading global gold company. The announcement highlights the company’s strategic focus and operational insights, although specific financial details are not disclosed. The release underscores the importance of understanding the inherent risks and uncertainties in the mining industry, which could impact the company’s future performance and stakeholder interests.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited reported record financial results for FY25, with a significant increase in net profit, EBITDA, and earnings per share. The company achieved a 35% improvement in safety performance and a 16% reduction in emissions. The balance sheet was strengthened through deleveraging, and a record final dividend was declared. The company remains focused on maintaining high cash margins in FY26, supported by strong commodity prices and disciplined capital management. Key projects, such as the Cowal Open Pit Continuation and the Mungari mill expansion, are set to enhance future production and cash flow, positioning Evolution for continued growth and shareholder returns.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited reported a significant financial performance for the year ending June 30, 2025, with a 119% increase in statutory net profit after tax to $926.2 million. The company achieved record revenues, EBITDA, and cash flows, driven by higher gold and copper production and favorable metal prices. The company also declared a final fully franked dividend of 13.0 cents per share. Key operational highlights included record gold production at several mines and successful project developments, such as the Mungari mill expansion and Cowal’s Open Pit Continuation project.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining has released a presentation highlighting its strategic plans and financial performance, emphasizing the use of non-IFRS financial measures to provide insights into its operations. The company acknowledges the inherent risks and uncertainties in its forward-looking statements, advising stakeholders to consider these factors when evaluating its future performance.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.
Evolution Mining Limited announced that its financial results for the fiscal year ending June 30, 2025, will be released on August 13, 2025, followed by a conference call hosted by key executives. The call will provide insights into the company’s performance and is accessible via a live audio stream on their website. This announcement is significant for stakeholders as it will offer detailed insights into the company’s financial health and operational strategies.
The most recent analyst rating on (AU:EVN) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Evolution Mining stock, see the AU:EVN Stock Forecast page.