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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Evolution Mining Limited    EVN   AU000000EVN4

EVOLUTION MINING LIMITED

(EVN)
  Report
End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 01/24
3.77 AUD   --.--%
01/24EVOLUTION MINING : Dec 2019 Quarter Conference Call Notification
PU
01/12EVOLUTION MINING : Donation to Support Bushfire and Drought Relief
PU
01/12EVOLUTION MINING : Less Gold At Evolution Mining's Mt Carlton
AQ
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Evolution Mining Reports Higher Gold Output, Lower Costs

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01/21/2015 | 05:12pm EST
   By Rhiannon Hoyle 
 

SYDNEY--Evolution Mining Ltd. (>> Evolution Mining Ltd) recorded its highest quarterly gold production since the Australian mining company was formed three years ago, and said it was continuing to cut output costs.

The company said Thursday that gold production rose 5.7% in its fiscal second-quarter to a record 113,280 troy ounces. Evolution counts Australia's largest listed gold producer, Newcrest Mining Ltd. (>> Newcrest Mining Limited), as a major shareholder.

Higher output of the precious metal was underpinned by a sharp increase in production from its Edna May gold mine in Western Australia state.

The Sydney-based company said it had also slashed costs to an all-time low, 10% below its average in the fiscal year through June 2014. Evolution now expects cash costs for the current financial year to be at the lower end of its earlier projected range of between 750 Australian dollars (US$606) and A$820 an ounce. It reiterated full-year production guidance of 400,000-440,000 ounces of gold.

The company was formed in 2011 through a merger of Catalpa Resources Ltd. and Conquest Mining Ltd., with the concurrent acquisition of Newcrest's interests in the Cracow and Mt Rawdon mines in Queensland state.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

Stocks mentioned in the article : Evolution Mining Ltd, Newcrest Mining Limited
Stocks mentioned in the article
ChangeLast1st jan.
EVOLUTION MINING LIMITED 0.00% 3.77 End-of-day quote.-0.79%
GOLD 0.67% 1571.448 Delayed Quote.2.88%
NEWCREST MINING LIMITED 1.20% 31.98 End-of-day quote.4.46%
SILVER 1.90% 18.09 Delayed Quote.-0.38%
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Latest news on EVOLUTION MINING LIMITED
01/24EVOLUTION MINING : Dec 2019 Quarter Conference Call Notification
PU
01/12EVOLUTION MINING : Donation to Support Bushfire and Drought Relief
PU
01/12EVOLUTION MINING : Less Gold At Evolution Mining's Mt Carlton
AQ
01/10EVOLUTION MINING : Operations Update
PU
2019WINDFALL GEOTEK : Ink contract with evolution mining for its kintore gold projec..
AQ
2019ARDIDEN : Directors and management buy shares on market
AQ
2019EVOLUTION MINING : Appointment of jason attew as non-executive director
AQ
2019MUSGRAVE MINERALS : High-grade gold intersected in drilling at Mainland
AQ
2019EVOLUTION MINING : Results of 2019 AGM
PU
2019EVOLUTION MINING : Annual General Meeting Presentation
PU
More news
Financials (AUD)
Sales 2020 1 826 M
EBIT 2020 534 M
Net income 2020 398 M
Finance 2020 127 M
Yield 2020 2,99%
P/E ratio 2020 16,1x
P/E ratio 2021 13,5x
EV / Sales2020 3,45x
EV / Sales2021 3,01x
Capitalization 6 425 M
Chart EVOLUTION MINING LIMITED
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Evolution Mining Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends EVOLUTION MINING LIMITED
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 4,07  AUD
Last Close Price 3,77  AUD
Spread / Highest target 32,6%
Spread / Average Target 8,00%
Spread / Lowest Target -15,1%
EPS Revisions
Managers
NameTitle
Jacob Klein Executive Chairman
Robert Fulker Chief Operating Officer
Lawrie Conway CFO, Finance Director & Executive Director
Evan Elstein Secretary, Vice President-IT & Community Relations
James Edward Askew Non-Executive Director